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To: GROUND ZERO™ who wrote (33502)	9/11/1999 12:43:00 AM
From: Siddhartha Gautama	Read Replies (1) \| Respond to of 44573

GZ, How do we interpret your comment? Message 11216742 Message 11216814 Message 11216832 Message 11216884

To: GROUND ZERO™ who wrote (33502)	9/11/1999 7:12:00 AM
From: bearshark	Read Replies (1) \| Respond to of 44573

GZ: I considered the first half-hour as a major failure yesterday for the NYSE stocks and the INDU. No volume; pathetic move. However, the NYSE volume shows there is interest and the junk stocks are being acquired again. These are both needed for an up-move. On the other hand, the bulls have had three chances for a general rally the past three days. Remember the saying, "What you don't use, you lose?" Those little sayings, some developed over the centuries, reflect human experience and are applicable to markets. I was getting the sense of lost opportunity for the bulls as the day wore on yesterday. I haven't looked at yesterday's trading yet in detail but I think we may need to see some correction now. We will see next week.

To: GROUND ZERO™ who wrote (33502)	9/29/1999 7:26:00 AM
From: bearshark	Read Replies (1) \| Respond to of 44573

Hi GZ: Back on the 10th, I responded to your expectations for a good week for the bears with this. Message 11220309 That is my most recent post to SI. It notes a major failure for the up-move on the 10th. We ended up losing around 1,000 INDU points. The high volume on the NYSE still makes me believe that the bulls have the opportunity here. As long as there is life, the market can move up. Bears relish in the hibernation of investors. In my opinion, we could be as little as two days from a breakout move to the upside. For that to happen, I am looking for a good one-day decline--with an emphasis on declining volume being substantial--to wipe out the selling. The second day should include a major failure on a move down. Say, limit down or close in overnight futures with a small initial decline in the markets at the open of trading and a subsequent failure to move down by noon Eastern of that day. The volume on that day, or the next day, would approach 1.3 to 1.5 billion NYSE shares. The advancing volume for that day would be large and overwhelm the number of advancing NYSE issues. The one-day up-move could be enormous--maybe 300 to 600 INDU points. If that happens, we head for 12,000 on the INDU. On the other hand, a marked decline in volume after the 30th would spell additional decline. But who really knows, we will have to wait and see.