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To: Paul Shread who wrote (34936)	11/7/2000 2:52:32 PM
From: theniteowl	Read Replies (1) \| Respond to of 42787

Also in the futures... Message 14742571

To: Paul Shread who wrote (34936)	11/7/2000 3:15:35 PM
From: adcpres	Read Replies (2) \| Respond to of 42787

Paul, Did you short anything last night?? Starting to loose my nerve. Was going to short PMCS yesterday at 160 but hesitated -- now my shoe feels real good on my backside. That NDX wedge is keeping me from jumping in and going long even though PMCS, CIEN, IDTI look good here. What do you think about IDTI? ANYONE been watching this one? I have been reading that some are readjusting the lines on the wedges/flags. Is this not defeating the purpose of TA prediction? Either we have a rising wedge and breaking out or we don't. Fudging it is a cop out. Take a stand!!!! The only way one can really rationalize adjustments is that the TA on a week's worth of data is not appropriate or valid. We are misusing the tool. Your thoughts. GH