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To: country boy who wrote (1318)	5/2/2000 11:06:00 PM
From: Duane L. Olson	Read Replies (4) \| Respond to of 4564

CB .. Cerainly the "test of support" at 3800 was normal and expected... I think the market would have done that in this case anyway, just to sharpen the vegomatic. But I'm treating the move under 3800 as failed support... which means we can expect to find support at the next lower level, and 3800 becomes our O/H resistance. The scenario is a little gloomier than we were led to believe last week, but I'm not so sure we won't just do a little churning here, then break back up through 3800 again. True, we will have to come back and test 3800 one more time now, but what the hey, we were looking for a long, miserable summer anyway.. I'll be gone...catch you in a week or two.. And good luck to you guys -- and E! when she shows up again TSO

To: country boy who wrote (1318)	5/2/2000 11:33:00 PM
From: Alan C. Zezula	Respond to of 4564

Somehow got a duplicate message being the cyber wizard that I am :-) so I erased it, but don't seem to be able to delete it.

To: country boy who wrote (1318)	5/2/2000 11:33:00 PM
From: Alan C. Zezula	Read Replies (1) \| Respond to of 4564

Hey cb, The close just didn't have a good feel to me and Tom Costello on CNBC keeps harping on retesting the old lows on the NAZ according to his "trader sources" whomever they might be. The talking heads also keep mentioning a .50% rate hike May 16th. Which I think is wrong as AG is a gradualist, but I could be wrong , a very rare occurrence, nonetheless a possibility <ggg>. I think people are scared to step up and the mo boys are out of dough as their margin calls left them a little light in their mm accounts. I really can't think of anything that would make people run right out and buy stocks at this point in time with the UNKNOWN INTEREST RATE JITTERS LOOMING. JMHO. say hey Al