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To: AllansAlias who wrote (20824)9/22/2000 11:20:52 AM
From: Perspective  Read Replies (1) | Respond to of 436258
 
My guess is that they are about to paint a "successful retest" of this morning's lows for the chart chasers. COMP should go back down and test that 3680 level. Then we float higher all afternoon, close down less than 100 points. Short-covering at the close. Big white candle.

Stay away from Smelly. The funds *can't* take money out of the market, but they *will* continue to rotate away from it. That probably means bad things for my biotech shorts.

Then, the fate of the market is in the hands of J6P. Hearing the Intel betrayal, will he fold or won't he? That is the $15 trillion question. Only mutual fund redemptions can bleed this pig.

BC



To: AllansAlias who wrote (20824)9/22/2000 11:35:06 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
yep, that's it...i have it at 925 too. should be resistance now.