31.   Despite the downward pressure on the market Monday, market analysts said the sell-off was not as bad as expected.

32.   Dave Shableman, a market analyst with MMS International, said the construction report was favorable for the bond market because it showed a decline in residential spending.

33.   Despite the slippage, said Donald Fine, chief market analyst at Chase Asset Management, durable goods orders continue to demonstrate resiliency.

34.   David Shabelman, a market analyst with MMS International in San Francisco, called the new supply the major concern among traders this week.

35.   David Shabelman, Treasury market analyst at MMS International, San Francisco, said the two reports would be the focus for the Treasury market this week.

36.   Donald Fine, chief market analyst at Chase Fleming Asset Management, had a different response to the issue of the age wave and bond yields.

37.   Donald Fine, chief market analyst at Chase Securities, however, takes a more cautious view.

38.   Donald Fine, chief market analyst at Chase Asset Management, noted that while wages and salaries have continued to climb, benefit costs have lagged noticeably.

39.   Donald Fine, chief market analyst at Chase Asset Management, said that both industrial production and capacity utilization exceeded market expectations.

40.   Donald Fine, chief market analyst at Chase Securities, said he did not think the tightening was over yet.