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To: John Pitera who wrote (33604)	4/14/1999 11:39:00 PM
From: Alias Shrugged	Read Replies (1) \| Respond to of 86076

Spring Decline? John, cyber-buddy, I have no f'ing clue! I will say this is a very sloppy expiration week. For months, my impression is most options were settled in the week prior to expiration with expiration week being very controlled and boring. This week is out of control. We could easily see continued heavy selling of tech this week. I posted last week or monday that I am waiting for this monday to see the direction - wait for expiration madness and noise to subside. Moves in cyclicals could be rotation of index funds (when the S&P 500 is dumping INTC, MSFT, DELL, they have to buy something else unless investors are draining money out of the funds). And did the daytraders then follow this buying? Seems weird; I can't believe that day-traders are buying Cat? and Alcoa? Financials, yes, but not dull DOW cyclical stocks. One surpise for folks may be that IF other economies and markets are stabilizing, the impact will be a decline in our markets - the perceived improvement for our multinationals will be swamped by the outflow of safe haven dollars and US funds chasing performance in foreign markets. For too long, every frikkin event in the world resulted in funds flowing into our markets - we can't continue to have it both ways (or all ways) forever! OK - I've babbled long enough so that this post is now incomprehensible -ggggg-