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To: niceguy767 who wrote (10872)	9/30/2000 10:27:14 AM
From: Monty Lenard	Read Replies (1) \| Respond to of 275872

I am not basing my statement on INTC and AAPL. If I had waited on them I would have missed too many points to the downside. I was just convinced back in March that were were experiencing a blow off top for technical AND fundamental reasons. So far so good. To be honest though I had expected it much sooner but manias never do what they are supposed to do WHEN they are supposed to do it because it is based on human nature and they are much less predictable (as far as time and price). I have been playing it like a bear every since my first short on LU on 3/3 or 3/5(except for some fool plays occassionally). I have tried to buy GOOD companies at support for small bounces and made a minimun before seeing the sellers hit. All I know is that it ACTS like a bear and until it acts otherwise I will continue to play it like a bear. Usually they CROWD will be the last to recognize and admit it is a bear and by then the EASY money has been made. Just my opinion based on the DARK RELIGION. :-)) Monty PS I think by "DEFINITION" (time and price) a bear has been confirmed but I pay little attention to the PUNDITS definitions. I pay attention to how the market acts.

To: niceguy767 who wrote (10872)	10/2/2000 7:42:31 PM
From: TimF	Read Replies (1) \| Respond to of 275872

The reason I ask is that I'm not convinced we're in any bear market here just because INTC and AAPL can't make Q3 estimates... I think its been a bear market in NASDAQ for this year if not the broader stock market. But a short term bear doesn't nessisarily mean that the long term up trend we have had for years is over. (I do however think it will be weaker when it resumes, I don't the stock market continuing to grow at the pace that it has grown over the past 10 years) Tim