Date:    4/13/98 6:59 PM
     
SEC
Attn: Mr. Jonathan Katz
        Secretary
     
RE: File No. SR-NASD-98-21
     
Dear Jonathan Katz:
     
I would like to comment that I am opposed to the Actual Size Rule as it 
is proposed and as it has been implemented as of today.  The texture of 
the market has completely changed since the market makers are not being 
made to show their entire quote and since the can to their little "ECN 
blocks" to foil the average investor.  The market has gone back to the 
days before SOES was established to protect us, the NASD is becoming 
pro-Market Maker to the exclusion of the public customer, and this rule 
has stopped the momentum of the market.
     
Especially during stressed times, the rule is very oppressive.  Day 
trading has become a very hazardous profession.  Now only the 
individuals seem to take the risk and the Market Makers are being given 
all the advantages.
     
I am surprised that you would accept their version of how the market 
place is being affected - please seek out an outside analyst who will 
use real statistics and not be so bias.
     
Sincerely,
     
     
Shawn Arnett
363A Fantail Loop
Austin, Texas  78734