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To: chic_hearne who wrote (14883)	8/30/2000 2:25:23 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 436258

contraryinvestor.com It's All Over Now, Baby Blue...Mix our previous thought of continued perceptual cooption by the Clinton Administration with the possibility that Greenspan is done raising interest rates, and what do you get? (NB: We are not espousing the end to rate increases as long as credit availability is running strong.) Well, you have the ingredients for a rally in interest sensitive stocks, of course. However temporary or fleeting. Since it's a slam dunk that AG and friends will be on hold through November, that gives plenty of time for folks like the KGB (Kudlow, Galvin and Battapaglia) and others to bask in the glow of an assumed completed monetary tightening cycle that barely phased the continual upward trajectory of the major market averages. Hurrah! Onward and upward as the next Fed move will most certainly be one of ease. Right?

To: chic_hearne who wrote (14883)	8/30/2000 10:08:51 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 436258

"The 125 resistance I spoke of held it at the top" Well I didn't say how long it would hold. :-)) It did as I expected but did not go as low as I expected(see excerp from my PM to you on 8/25 below). It drew an Inverted Hammer yesterday on the 50 DSMA but I honestly expected it to go to the 28 DSMA at the 111 to 113 I mentioned before reversing so of course I missed it. "30 and 60 minute chart is topping. I think the 125 will reverse the stock some if not the 124 3/4 we saw today. When and if it pulls back I am going to look for a buying opportunity and get me some and play the cc's. MOST of the time....not always...but most of the time...when a stock first breaks back above the 200 like this one did it takes people a while to get used to it being back up there so they sell it off a bit. If it breaks back below the 200 it should give a nice opportunity for me to get in. I will be looking for it to give that signal at 111 to 113. Now that is planing a long way ahead but that is what I will look for until it tells me differently. May not pull back that far but I think I will be close." Now where does it go now? It is barely above the resistance at 125. It actually went to 127 3/8 and my next resistance is 128. If it pulls back and holds 125 tomorrow (closing Price) it has a possibility of going through the 128 on to 131 1/4. The stock is right on the fringe of being overbought from a technical standpoint but hell when one gets running hard like this one the sky is the limit. :-)) Monty