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To: Moominoid who wrote (2784)	1/19/2001 9:31:23 AM
From: robert b furman	Read Replies (1) \| Respond to of 4583

Hi Dave, It would be considered a breakout. You have to remember it is a market of stocks.During the last rise the advance decline lines in the NYSE was bottoming out.This has only just recently reversed. There certainly was speculation on dot.coms and some of the high tech nifty fifty's.There is a lot of room for new highs if you look at the small cap 600 or Russell 2000 indices. The last great leg of a market top usually allows even the low price dogs to have their day. I think this is where our new market leadership will emerge from. JMHO Bob

To: Moominoid who wrote (2784)	1/19/2001 11:04:57 AM
From: sandeep	Respond to of 4583

Also, that would mean that the earlier high was 2 years too early. This time it will be less speculation, right ?

To: Moominoid who wrote (2784)	1/19/2001 5:08:56 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 4583

Good question, but I wouldn't think so... sorry for the late reply, I was at the beach all day today, the weather was absolutely beautiful here.....<g> intellicast.com I don't think it would represent as much excessive speculation as before... the first time the NAZ went to 5000, that was near the later phases of this longer term trading cycle... this second visit to 5000 will be earlier in the cycle and not as speculative... the rally to 7500-8000 late in the coming cycle may be where we'll find that same sort of excessive speculation... we can see some pull back here next week, but the bottom is already in place.....IMHO GZ