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To: JohnG who wrote (41837)	9/20/1999 9:14:00 AM
From: Jim Willie CB	Respond to of 152472

JohnG, on TA in IRAs I have one myself, not massively funded... trying to sell it after failed double tops on decreasing volume... trying to buy it after failed double bottoms on decreasing volume... recently saw just that on 193 close day before Everen conjob (sort of, not clear there at all), recently saw it in spades in 160s last week you can really take fun chances with IRA accounts, knowing you are close to top or close to bottom... make the move... it not far off, so what? not on margin, no pressure I consider the fullday cup of coffee in 150's to be nothing more than a market misjudgment, false assumption... served a neat purpose though, in allowing the nextday reversal to clean out shorts as they capitulated (or covered for profit)... that marks the beginning of the upleg some people might claim that the day in 150's invalidated the prior TA... I dont agree... sometimes called "slippage", it provided a kickstart just like the intraday 89 in May started the upleg to 160 by July for what it's worth/ jim