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To: chartseer who wrote (27462)	12/23/2000 2:21:29 PM
From: starbreak	Respond to of 53068

Wow that was a lengthy and thoughtful post! I know basically nothing about the type of analysis you are using and am learning something from the charts you post. To me, ACMR looks questionable short term. It is either ready to break out, or looks a little toppy. Is that what head and shoulders patterns are? It has had a good run up. Short term I would watch it to see which way it went before buying in. HDI was up Friday and so was VRSN. I think there is still more upside short term with both. I also like both companies long term. They are both tops in their fields, always good to get the winner in the category like you were saying about ACMR. I will start watching that one.

To: chartseer who wrote (27462)	12/24/2000 8:47:08 AM
From: chartseer	Read Replies (2) \| Respond to of 53068

FWIW/nothing I see ahead a possible 8 days of rally in a Bear Market. Being this is a Bear Market I expect a fast and furious rally. I am not really sure it can or will last the whole eight days either. My assumption is based on present market direction "up" and the fact that after Tuesday, 2000 tax selling is over. History has shown that the last three days of the year and the first four of the next year are usually always up days. This plus the fact the market is bouncing from a very oversold condition has me bullish the next eight trading days. But let us take them one day at a time. I do not expect another bull market to begin right now because the technical damage done to the key issues has been just too great. It is going to take a great deal of base building first. It seems the weeks ahead are going to be a better traders market than an investors market. I just wish I knew how to trade. Larry mentioned CMGI xocharts.com That is what most Nasdaq stocks look like. A long tail down. Of course these Long Tails Down are great to capture some of that retracement of those lLong Tails Down. I would expect from 1/3 to 2/3 retracement in most cases. For that's about all there will be. Enjoy while you can. If chartist are right in their belief that charts are 6-9 months ahead of the economy then let me quote Betty Davis from that 1950 movie Classic All About Eve. "Fasten your seat belts. We are in for a bumpy ride." then again what the heck do I know? chartseer