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To: Tommaso who wrote (73820)	9/19/2000 4:07:59 PM
From: Jane4IceCream	Read Replies (1) \| Respond to of 95453

Part of the explanation has to be the mad scramble back to the techs today by traders. Nasdaq strong.....QCOM yeah Held my SFY. Hope I did right thing. Jane

To: Tommaso who wrote (73820)	9/19/2000 4:15:29 PM
From: Think4Yourself	Read Replies (2) \| Respond to of 95453

Just goes to show how the market thinks, or should I say doesn't think. Almost none of my holdings are dependent upon oil. They all center around NG. NG holdings might go down as ill-informed investors associate energy with oil, rather than oil with energy. It will take a little time but I expect NG plays will resume upward trends while oil plays may or may not. Oil is too dependent on OPEC and the whims of reporters/analysts. This should be an interesting earnings season in the energy sector.

To: Tommaso who wrote (73820)	9/19/2000 6:00:07 PM
From: isopatch	Read Replies (3) \| Respond to of 95453

By the time it's clear fundamentals have changed the move is over. That's why Don Wollanchuc(sp?) once said that investors who rely on fundamental analysis don't understand the stock market. Although that may be a bit extreme, it's true that the market usually discounts fundamental news well in advance of public awareness of the information. So over a period of many years and exposure to a lot of people smarter and more experienced in reading the market than me, I gradually came to rely more and more on reading the tape and sentiment. Yes fundamentals are important, and I use them to some extent. But most of what is common knowledge now was being priced the stocks via the most recent Intermediate rally since the beginning of August. Isopatch