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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Magnatizer who wrote (37784)	12/14/2000 3:20:51 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79449

Trade took some of the ASPX long off (1/2 bucket) as the supports I wanted to hold had failed and the pop was a good op to lighten the load in case more downside hits.

To: Magnatizer who wrote (37784)	12/16/2000 5:12:11 PM
From: Doug R	Respond to of 79449

Mag, Triple bottom on the S&P with record NYSE volume on triple witching with a Fed meeting on the other side of the weekend and treasury yields falling off the table...hmmmm. Risk is definitely low as defined by the close proximity of the triple bottom. No better place to enter a QQQ long IMO. Nice entry. ASPX made the initial move then digested it well. I sold ASPX at 7 5/8 and 7 11/32 and had earlier ducked out of LTXX at 15 5/8. Instead of re-entry on either (which would have been another appropriate alternative) I spread out the $$ in BONZ, YHOO, SUNW and TUTS. Doug R