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To: Perspective who wrote (31553)	10/26/2000 11:54:39 AM
From: chic_hearne	Respond to of 436258

However, I do expect this tentative bottom at NAZ 3000 to fail today or tomorrow. Same here. I just closed out all of my call positions. It was a bitch trying to get fills because as soon as I got my limit in they'd keep going down more. I've noticed the past few weeks the options pits have been particularly hairy. I think many of these guys have been burned so bad that they won't meet limits in the middle of the B/A and if you throw them a market, you're going to get f*cked (happened to me a few times in the last week). I'm not selling back ANY of my poots, yet.

To: Perspective who wrote (31553)	10/26/2000 11:59:46 AM
From: AllansAlias	Respond to of 436258

While I watch this rally I thought to post a couple of charts to illustrate two things I have mentioned a few times. I already posted a COMPX chart showing the sort of wedge we were seeing in many charts before yesterday. Here is another, this time it's SUNW: homepages.go.com The other reinforces a point I made just a while ago about charts putting in a potential shoulder formation. Here is CSCO over the last number of days. Note, as with the other charts, the head is isolated by gaps. homepages.go.com