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Technology Stocks : Novellus -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (2986)	10/18/2000 1:35:02 AM
From: James F. Hopkins	Respond to of 3813

Well Thats sort of a rule of thumb, the Bears loss their butts when the market rockets up until they can't stand it any more..then they come back in close to the bottom and you'll see the VIX go real high. About 1/3rd of them will cover and make a few bucks before the trap goes off. Then those same winners will short every rally until they give it all back and then some. God Bless the bears. ---------------------------- We likely do have some more downside AS the Dollar is still to high for the Big International Broker/Dealers to want to buy. The Mid East mess is holding up the Dollar now..if it resolves then they will exchange Dollars for other currency , causing the Dollar to drop..that's when they like to Buy ( with cheaper Dollars) --------------- Look at a long term Chart of the DX00Y ( dollar index) and compare it to the S&P. They sell stocks on Dollar peaks, and BUY on Dollar Lows.. Hence they get another 5 to 10% edge over the suckers. Jim