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To: Walkingshadow who wrote (134)	3/31/2000 7:37:00 AM
From: Boquacious	Read Replies (1) \| Respond to of 175

stockconsultant.com overbought and ran up to fast. Stock never keep it--short squeeze is when the stock runs up on no volumn. And you can't squeeze forever. When it tanks--it will tank hard with some short covering to keep it bouncing for a while.

To: Walkingshadow who wrote (134)	3/31/2000 8:53:00 AM
From: Islander	Read Replies (1) \| Respond to of 175

Wave 1 was from 23 -60 (straight up!) or 37 points. Wave five is usually equal to wave 1 or .618 of wave 1. So if we take the sideways /down pattern of wave 4 to the 59 then .618 of 37 points is 23 points to 81. This is not an exact science, as Elliot Wave Theory and Fibonacci ratios on retracements describe money flows and investor psychology. But at the 79 spike, wave 5 could be done or at have a tad more to go. If volume was building, which it is not, I would think 81 or higher could be reached,and if again this is squeeze driven, wave 5 could "overthrow" but again volumes are declining - also, in this market, I suspect any new rallies will be sold quickly, so I suspect if an overthrow occurs, it will be brief...so I am not a buyer anywhere here in the seventies, as this could collapse. I might be a buyer in the 50's somewhere..Regards,