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To: Voltaire who wrote (60124)	1/6/2000 3:17:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 152472

CrackerMan, simple arithmetic concludes: TECH SELLOFF DONE old October NazComp high was 2950 the tech Y2K rally took us to 4150 retrace 3/8 to arrive at 3750 current NazComp index reads 3737 TA conclusion: TELL SELLOFF DONE at most another 50 points of moron momentum downside risk load the boat, back up the truck sector rotation, right? retail, pharmaceuticals, food/beverage, financials, NOT Dow already reacted to its bottom both Dow and S&P have strong Cup&Handle patterns they each point to big gains ahead Dow target = 12200..... S&P target = 1650 this is not a time to be emotional or even to watch a climax is happening before our very eyes tomorrow, and esp Monday are new days to begin a new climb / Jim

To: Voltaire who wrote (60124)	1/6/2000 3:34:00 PM
From: Rande Is	Read Replies (1) \| Respond to of 152472

How long did the last rotation last? Long enough for brokerage houses to liquidate securities of those with margin calls. . . 4th day . . .typically done in the final hour of trading . . . Need I tell you that the Nasdaq is near its lows in the final hour of trading of the 4th day since the big decline? I like it that the Brokerage Houses believe that we individual investors are actually going to follow them into cyclicals. Cyclicals Shmicklicals!! Let them follow us back into tech stocks. . . now is the time to buy tech stocks on dips, IMO. Rande Is

To: Voltaire who wrote (60124)	1/6/2000 3:40:00 PM
From: James C. Mc Gowan	Respond to of 152472

Voltaire: thanks for the analysis; picked up some Jan2001 150's at 43 3/4 just now; my broker told me "lots of selling pressure on the Q now"; I said,just shut up and get me the symbol and buy! This guy tried to disuade me from buying Q at 158, pre- 4/1 split. Regards James P.S.: big thanks to JW for TA P.P.S.: didn't think we would get a second chance on the fire sale after yesterday.

To: Voltaire who wrote (60124)	1/6/2000 3:57:00 PM
From: Boplicity	Read Replies (2) \| Respond to of 152472

well if they want to give me gifts I have to take them, it's a lonely job making money I tell you.. Greg

To: Voltaire who wrote (60124)	1/6/2000 4:11:00 PM
From: R.V.M.	Read Replies (1) \| Respond to of 152472

Thank you, Voltaire. What's happening today reminds me of last April, I think it was, when the word was, "Tech is out! Paper and chemicals are where it's at!" Then in a few days, lo and behold, the story changed. Thanks for your instruction and perspective on this thread. I think a lot more people are holding tightly to their shares because of it. Ruthie

To: Voltaire who wrote (60124)	1/6/2000 4:18:00 PM
From: freeus	Respond to of 152472

Thanks Voltaire, Scary few days, I'll be glad when its over. Did buy 5 '02's however, 2 on margin (tremble tremble). Freeus

To: Voltaire who wrote (60124)	1/6/2000 9:00:00 PM
From: cfoe	Respond to of 152472

I read the six (up to this point) responses to your post and agree with them all, so will not repeat. However, I thought I would relate this anecdotal evidence of how the mainstream financial press is complicit in the b_s_ you so accurately describe. In today's WSJ, page C1, middle, is an article entitled: "Soros's Quantum Embraces Technology, Feels Squeeze". Now if you just catch the headline, you might think the fund is getting hurt, its move into tech is backfiring. You have to read the article and do a little arithmetic to see that the headline is misleading: the fund was losing 19% before buying into tech last July, moved up 54% to a net gain of 35%, and as of yesterday moved back about 6%. So the net gain is 48% since July - does that show up in the headline? Better yet is the graph they include in the article. It graphically shows that the move into tech saved the Fund's a__, even with this current blip down. I wonder how many people just read the headline, called their broker, heard that the Naz was selling off again and sold tech stocks? As one of the responses said, April 99 all over again. Putting my money where my mouth is I bought some Q yesterday and again today both times in the low 140s. I, like many of you, consider it a gift. P.S. In middle of article, it says "For now, the fund is sticking to its technology guns."