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To: NOW who wrote (115214)	1/13/2001 7:51:47 PM
From: craig crawford	Respond to of 164684

>> you forgot the (lol) symbol in your post.... << Hehe. I was the only one up, and I was bored, what can I say. <g> It would have been a colossal day (in my mind) if the Nasdaq could have closed up for the 4th straight day! We missed by just 14 points! Ok, ok, so it was a Mexican stand-off. But I think the bulls closed the week on a high note. Usually when a stock or index bounces right up against a major downtrend line and it fails you reverse dramatically. I didn't see any dramatic reversal to the downside. This tells me we will at least test it one more time before going dramatically lower. We will have to wait and see how the second try at 2700 goes. Furthermore, the breadth just kept getting better and better all day. 2372 advancers vs. 1459 decliners. Add in the unchanged stocks and you end up with only 1/3 of stocks on the Nasdaq down Friday. 58 new highs vs only 19 new lows. Up volume better than down volume. Positive breadth on the NYSE as well. Nasdaq still closed above the 2616 level of 01/03 (the day Greenspan finally did something right). NDX (Naz 100) closed above 2500. Could we pull back some more on Tuesday? Sure, and I will be buying into any decline, not selling, and definitely not shorting.