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To: Boplicity who wrote (13089)	4/14/2000 2:54:00 AM
From: techguerrilla	Read Replies (2) \| Respond to of 35685

NTAP or QCOM . . . . with SEBL being my third choice. Those were the only three "porch stocks" to close up today. QCOM has become a horse during this assault on the Naz. It's base has become rock solid. Tom would only do a "balls to the wall" move on a horse. No "balls on a dog." Very interesting. I love solid drama. John

To: Boplicity who wrote (13089)	4/14/2000 4:31:00 AM
From: stockman_scott	Respond to of 35685

I just picked this up on a Yahoo thread.... <<I got this from OTC Journal news, Don't ask me about the credibility of the source but it is another view point on what is going on in the market place: It's been another gut wrenching week in the NASDAQ with the Tech Wreck continuing. We've spent a lot of time watching CNBC this week, which is probably the predominant source of financial news for today's market watchers. In case you were wondering, CNBC officially declared a Bear Market yesterday. This official Bear Market was triggered by the NASDAQ falling more than 20% from its high during the first week of March. Anybody that owns any speculative stocks knows that we have been in a bear market for several weeks now. Money has been flowing from the high flying NASDAQ technology stocks into the old economy stocks that were dead in 1999. Capital has flowed into Financial, Drugs, Oil, and Retail stocks. These groups performed very poorly in 1999. This divergence had to be corrected, and the market has complied. There don't seem to be a lot of sellers around anymore, just an absence of buyers. Traders and fund managers are waiting for the technical signs to develop that will signal the bottom, and confirm that a turn around is in place. Many of the high flyers that have fallen to 1/4 or a 1/3 of their previous highs will rebound dramatically, probably regaining about 1/2 their loss. This will happen in the mid cap NASDAQ stocks first, with the small and micro cap stocks following behind. By then there will be no sellers left, and stocks should be able to regain their upward momentum. We cannot pinpoint exactly when this will happen. The smartest technician we know believes that the NASDAQ needs to test 3711. If that level does not hold, then he believes the next major level of support could be as low as 2900. Another drop of this magnitude would create additional pain and suffering, but he believes that this scenario is highly unlikely. CNBC continues promoting the concept that last week's low needs to be retested before buyers will come back into the markets. We believe that it has become a self fulfilling prophecy. Buyers will not be back in any significant numbers before they are convinced that all the sellers into the rebounds are exhausted. Then the market will get healthy again. We believe that there is a substantial amount of capital ready to come poring back into stocks once a firm bottom has been established. >>