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To: Boplicity who wrote (6172)	2/7/2001 4:10:09 PM
From: mtnlady	Read Replies (1) \| Respond to of 10934

Well I think one of the primary reasons TA works (especially now days) is because everyone expects it too. Self fulfilling prophecy. I try and stay aware of key TA support points knowing that others are looking for those same points to enter/exit and I wouldn't be surprised if automated trading done by the institutions are set around these same points.

To: Boplicity who wrote (6172)	2/7/2001 5:11:03 PM
From: jmanvegas	Read Replies (1) \| Respond to of 10934

Greg: Remember back when "they" said QCOM would not go to certain levels and fill the gap at 60. We all know what happened. Look at the EMC chart. When the NAZ tanked to 2300, EMC filled every little hole. Who would have thought that EMC would trade down to the $52-53 range at that time, but it did. And those holes were finally plugged up. It's amazing but it happens. In addition, companies that have beaten the Street and have raised forward guidance or see no slow down in their business have all had their stocks suck wind after earnings. So I'm not so sure earnings matter here for NTAP unless they absolutely annihilate the projections. Sure, there will that pop but folks who bought in the 50's or higher will be selling into that strength since they're underwater. Unfortunately, what we have is a trader's range bound market. And for all those lovers of AG & the Fed - they royally f**ked up so bad that it is a shame. The amount of pain that most investors have suffered because of this hack is unfathomable. I'm sick and tired of all the accolades that AG gets. He has politicized the Fed and he is a screw-up. When you start hearing Lou Rukeyser and others criticize the hell out of him, you know that AG has lost a lot of respect in many quarters of the financial marketplace. I'm not saying that stocks weren't overvalued and we needed a correction. What we have witnessed via the Naz is 1929. Sorry for the rant. Good luck all. jmanvegas

To: Boplicity who wrote (6172)	3/8/2001 8:39:55 PM
From: Boplicity	Read Replies (5) \| Respond to of 10934

About a month I go I mentioned (the post I'm replying to) that the gap at 25 was in play, it was filled today. We are quickly approaching 20. Notice lower lines on the graph link below, a base should form around there as NTAP over shoots to the downside, unless something worse is happening. stockcharts.com[w,a]dbolnimy[de][pb25!b50!b100!b200!a25!a29!a15.625!f][vc60][iUc20!Ua12,26,9!Lb14!Lf!Lg!Lj[$spx]] Greg p.s. What's happening in the market is an amazing turn of events in the high-tech sector, something this investors has never seen before. I'm worried what we are seeing day in and day out in the market is turning in to more then a inventory correction and a cyclical turn down to more of a secular change, that will take much much longer to sort out. Maybe my worry is nice sign of a bottom. <g>