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To: JSB who wrote (9322)	8/5/1999 8:04:00 AM
From: Dale Baker	Read Replies (2) \| Respond to of 118717

Since guessing the bottom is damn near impossible I decided to be totally arbitrary - there are several stocks I will buy or add to at $20 (MFNX, FNDT, maybe EGRP) and some I will buy or add to at $50 (GNET, DCLK). That's as scientific as any market analysis at the moment. Today may see an opening gap down and eventually a rebound. XLK now 39 5/16 with next support at 38 1/2 or so. After that there is a gap down to 37 that needs to be filled. But you are talking another 5% off the Naz to get there. Interesting that the DJIA and S&P don't have the chart gap which the Naz created a while back.