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To: mtnlady who wrote (5701)	2/29/2000 11:12:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 35685

MtnGirl, the Naz be breaking out bigass all the pundits are reading from a script "the Naz is due for a 20% correction eventually" they fail to offer any details in early/mid Feb I said the Naz would hit 5000 by the Ides of March I was inspired by Julius Caesar's death he claimed to be god, and was proved wrong, dumb shit the Naz is finding all kinds of legitimate reasons to kick butt its money flow is strong it seems to rotate from chips to telecom to media to biotech it is reacting to real growth and expected future growth in the last month its rise has been buffeted by the shorterm 18day Moving Avg now it is maintaining an orderly ascent along the upper boundary of a strong upchannel interestingly, it is NOT supercharging ABOVE the upper boundary, just tracking it in a healthy orderly manner even the Naz relative strength is not getting beyond sustainable levels, well under the magic 80 (now 65-68) Naz has seen already two 10% corrections in y2000 that may be enough to shut up the bear butt investors and houses are not to be fooled again for a while how knows how long it can last? I have annually anticipated an early April selling session people gotta pay some monstrous tax bills for y1999 nouveau riche jackasses need to pay tax bills for 1q2k I agree wholeheartedly down to my loins with Voltaire the ugly first half of the winter quarter sucked rat eggs we have seen some good weather, even 70s in New England I think Naz continues until it gets ridiculously overbought the pundits today said they will believe the Dow rally when it rallies for more than one consecutive day the converse is we can expect the Naz rally to lose steam only after rallying for 5of7 or 7of9 days I personally stick with my 5000 call by Ides of March I think the Naz is pursuing some psych goal, like 5000 I love days like yday, with Naz down in morn to prove it can sell off, then even by day's end it allows for a shakeout every 5-8 days in healthy form the Naz is correcting itself in midstream in gorgeous fashion not to say it wont come back by 20% sometime but that would need some real reason or scare I say "Wagon Tech Trains, hoah, onto the Oregon 5000 Trail" another few weeks find a fundamental reason otherwise (by the way, your question was a TA on stock index, not on the economy... nobody but nobody discusses the economy on this here creaky porch) by the way, the FedReserve announced a month ago that it will refund 10yr TNotes and 30yr TBonds with surplus... IT HAS NOT YET... this event will not be a single quick event but rather spread out over time... this is Greenshit's nightmare #2: bonds are about to rally bigtime and usher another stock rally, probably focused primarily upon Dow Dusty Stocks / Jim