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To: Boplicity who wrote (6739)	11/13/2000 5:02:33 AM
From: Walkingshadow	Respond to of 13572

Greg, I agree. Some degree of resolution of the election is probable Friday, so I wouldn't want to be in a lot of short positions at that time. That likely will be an excellent time to look for long trades. But between now and then, there will be at least as much uncertainty as we now have, probably more, with the legal maneuverings and media play. And, we all know how the market detests uncertainty, and how violently it tends to react to the downside as a result. So, at least part of this week looks to be more downside in the Naz, possibly also the big board. As I write this, at 5 a.m. EST the QQQ futures are down 0.7%, but this is up some from lower levels earlier. S&P futures are about even, Dow futures down about 0.4%. But NYSE stocks have held their own lately at least, and I suspect this is secondary to money flow out of the Naz, and into quality blue chips. As Vendit has pointed out, the Naz now sits on critical support, and many of the shorts we've talked about are also close to tests of support. If the Naz breaks through these support levels, sub-3000 is likely very soon, and the shorts will also likely break through support and thus do well. Regards, WS