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To: mattie who wrote (19933)	2/18/1999 10:51:00 AM
From: Clint E.	Respond to of 70035

>>>Does the fact that there has been no climatic selling worry you? No. Too many people always looking for the same pattern makes that pattern disappear after a while. There has been steady selling in the last many weeks but the tape only got soft after MSFT reported earnings. >>>I guess yesterdays break could be some sort of a shakeout. Yesterday was too orderly and calculated selling, as usual, toward the end. Today's morning reversal after having taken some leading ndx stocks down is a good sign of lasting reversal. Panic-selling & quick take down toward the end of many days of declining prices is a good sign. I am sticking with these stocks and let others come into the market and help me make money. I am thanking them in advance. I'll specially thank MMs for a good game plan this morning. Clint

To: mattie who wrote (19933)	2/18/1999 11:17:00 AM
From: Clint E.	Read Replies (1) \| Respond to of 70035

Mattie, Look at the vol in the first 100 mins. If the pace continues, the closing vol will be ~1.1B. A strong close(2315) with a volume of ~1B is a good sign of reversal. The good thing about today vs. last week is that right after that strong Thurs., unfortunately we were hit with some major bad news(dell). That has been the case in the last two weeks. Any time we came close to breaking out(especially in the DOW), some major bad news hit us. There is no major earnings-related bad news ahead. Since the DOW & BKX look good too, we are in a good shape for a while. Today's close matter a lot. Why is MSFT so weak? DOJ-related????? Clint