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To: H James Morris who wrote (114456)	1/5/2001 11:42:45 AM
From: craig crawford	Read Replies (2) \| Respond to of 164684

>> I can't recall me ever calling someone on this thread an idiot, << Well I don't recall you actually using the word, but you sure try to make William feel like one. >> but If I did what's the big deal? << There really is none. William has a thick skin, and I think he could care less. Feel free to call me an idiot all you want, it won't bother me and I sure look like one so far today! >> Did you do anything idiotic while you were gone? << Yeah, I forgot to go short! It was so obvious in retrospect, but going short can be so painful sometimes it's just not worth the hassle. P.S. I can see tons of resistance above 900 on the BKX. The BKX got stopped out pretty close to the the same level in the summer of '98. But you have to understand, the massive easings have just begun. So while the BKX was short-term very overbought, I think this could be just a pause that refreshes. The BKX did close at an all time high a couple of days ago. But then the Nasdaq closed at an all-time high back in March. So all time highs always end eventually. Man what a rout so far. If this market doesn't find it's footing shortly Greenspan is going to have to pull another rabbit out of his hat. I don't believe he will have to. I believe the market will find some buyers here. If not, don't be surprised if the Fed moves again before Jan 30-31. He gave a clear statement on Wednesday. He wants this market higher and he wants it higher right away.