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To: Lee Lichterman III who wrote (22585)	4/1/2000 1:06:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 42787

Just read my last post and it sounds too bearish. I want to add I think the SPX and OEX are forming bullish flags and I expect at least one more attempt to head north. Besides, they never hit my upside target last cycle. <ggg> I just need some more time thins weekend to look over the underlying charts since many of the ones I already looked at are not supporting the rally forecasted by the indexes themselves much like a couple weeks ago. Index charting is great but you need the things that make it up to support the move. <g> Good Luck, Lee

To: Lee Lichterman III who wrote (22585)	4/1/2000 1:11:00 PM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 42787

Lee, >>Did you notice that despite the rates being higher than the target rate instead of draining the treasury added 4.68Billion in repos Friday morning. This is flagerant out right manipulation of the market and shows the Govt is worried the bubble is too big to fail and will do anyting to prop it up IMO. Do you know who has the authority to override the process to keep Fed Funds rate stable at the Fed. I would think this takes an act of "god", and the FOMC should have to approve such a action as well as communicate the information to the public. Joan

To: Lee Lichterman III who wrote (22585)	4/2/2000 1:17:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

currently, im watching the weekly charts on the old techs.. if they start triggering sell signals, i might raise cash in the l/t portfolio as well. this market is confusing in the sense: you're not sure if the money is going to old techs or new techs or dow stocks. so much rotation going on (and you need about a couple days of trading action to get a good picture, and then you also got window dressing this past week which might have skewed the picture)