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To: Kelvin Taylor who wrote (23926)	7/31/2000 2:50:56 PM
From: Iceberg	Respond to of 53068

I wouldn't bet against the Naz Index right now. <eom> Ice

To: Kelvin Taylor who wrote (23926)	7/31/2000 2:53:32 PM
From: Larry S.	Respond to of 53068

Kel, i think that the major sentiment is still negative and sell the rallies probably makes sense from a trading perspective. The psychology of the market is broken, good earnings went down a little, bad earnings gotta slammed. We are over-teched, over IPO'ed this week, and its summer. When the sentiment changes, it will be powerful, but i see us in a trading range with a downward bias. good luck. larry