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Politics : High Tolerance Plasticity

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To: kodiak_bull who started this subject	12/20/2001 3:09:06 PM
From: energyplay	Read Replies (1) of 23153

From Gary Smith - Gary B. Smith mid-day thoughts 12/20/01 1:35 PM ET Keep your eye on the Nasdaq. If it closes where it is now, on heavy volume (which we're on track for), then I'd view the uptrend as broken, and I'd be quick to take my long profits. This neutral-to-bearish view of the Nas seems to be confirmed by my Chartman candidates which have seen few longs since the past Monday. At the very least, be careful, as dips in the past 60 days may have been buying opportunities, but I'm not sure this one is. (All of the above pertains to the Nas so far. The NYSE still seems fine.)

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