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To: Lucretius who wrote (37559)	4/30/1999 11:25:00 AM
From: Bull RidaH	Read Replies (1) \| Respond to of 86076

L.T., Bearish unless 645.7 NYSE gets taken out. I'm short the XLK from 38 1/2 and the Dow (bad choice) from 10860. But I'm long a couple stocks PTVL & NXTL, which I'll unload today or tomorrow, and go further short more of the above. This rally today looks to be a wave 2 retracement after the 1st big wave down in the S&P futures (1377 -> 1342). A 50% retracement back up near 1360 is what we've had so far, with maybe a little more upside possible. If i'm wrong, 645.7 will not hold on the NYSE cash, and i will stop out of shorts and go long. David