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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (7109)	11/30/2000 7:51:12 PM
From: mishedlo	Read Replies (2) of 13572

<<It wouldn't surprise me if it was the bottom.>> Greg - You are absolutely nuts. we are easily 2957.93 from the bottom +- 1 3/8 In all seriousness I think 1900 or so will be the bottom. I not not believe there was capitulation today. The Tick count was extreme -1200 or so, but there was no big rush of buyers as the short term trin (SSTI) never went below 1 at any time today. Near but not quite panic selling, no panic buying, just nominal short covering. No bottom. Perhaps a 200 point rally to sell your NTAP and SEBL for a profit and to reload your shorts on JNPR, BRCD, RIMM etc etc. I have to admit CREE looks very attractive but since it is not worth 1 3/8, why bother. I am holding out for ZERO! A very very reliable buy signal is given when the tick count hits -1000 and the trend (SSTI) is below 1 (.5 is fantastic coupled with a bearish tick count) quote.yahoo.com^vix+%5Etic.n+%5Esti.n+%5Esti.o&d=t

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