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To: GRANOLA who wrote (122236)5/4/1999 4:24:00 PM
From: Frank Ellis Morris  Respond to of 176387
 
Hi Granola, I am having a very uncomfortable feeling about the market since it went over 9800 but there are some good arguments made for improving advance declines. People are very much used to multiple point gains and in the market where the Dow has risen 10 % in one month there are too many day traders and fund managers that will not sit still and tolerate any stocks which does not appreciate in this enviroment. I have a problem with the sell off in AOL, Dell Microsoft.
The fear could escalate but I do not want to be one who tries to time the carnage. There will always be one fear or another why the market does what it does. I just wish the pit in my stomach would stop bothering me. It takes courage to stay the course over the long term and you fight it every day in times like this.

Best Wishes
Frank