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To: Jeffry K. Smith who wrote (15122)	4/19/2000 11:51:00 AM
From: Ruffian	Read Replies (1) \| Respond to of 35685

a set-up, an inducement, a trap by the Houses.........eom

To: Jeffry K. Smith who wrote (15122)	4/19/2000 12:42:00 PM
From: Eski	Read Replies (2) \| Respond to of 35685

Well Jeff in this case tomorrow with a 3 day weekend they sell the crap out of this and traders will take there profits home with them. Just watch and see, momo already is slowing unless we get breakout above 3800 area on Nasdaq Futures which is very unlikely. Then add to that once the earnings season is over and FOMC around the corner we will drop like a bucket. Not trying to be negative just reality. That's why I don't fall in love with stocks just trade them.

To: Jeffry K. Smith who wrote (15122)	4/19/2000 8:56:00 PM
From: Jim Willie CB	Read Replies (3) \| Respond to of 35685

a bear trap is a fool's rally, a rally with no legs a bear trap lures in naive buyers with a brief rally that loses steam rapidly and resumes the downward slide the fool's rally is often earmarked by short covering and very shorterm traders personally, I bought into several bear traps in 1994 did so with EMC, Compaq, Micron I waited for a rally to begin, then I bought that is precisely how I learned some Technical Analysis now I realize more acutely that experience enables one to see more clearly his/her own mistakes that are repeated over time in late March, NAZ fell from 5000 on the failed retest two weeks ago, NAZ gave us a scare on intraday 3650 then NAZ rose from 4000 to 4500 in first week of April THAT WAS THE FOOL'S RALLY, THE BEAR TRAP, PAR EXCELLENCE, CLASSIC CASE it lured money in, only to divebomb down hard & furious the trap is made and laid, a rest before resuming downward MMike sounds like once again a contrary indicator just like last August, just like early October smart guy, respectable guy, but consistently wrong at turns the economy is strong (except housing now), interest rates are benign, USdollar is strong (but not too strong), employment is robust (workers even scarce), no other continent is in recession (Europe is clinging to its socialism though), and the technology revolution continues (but bigiron computers are weaker), and the internet continues to explode in growth (on all fronts) wrong again, sorry MMike we will see, sincerely / Jim Willie