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To: Boplicity who wrote (10010)	2/10/2001 2:32:51 AM
From: DaYooper	Read Replies (1) \| Respond to of 13572

the naz has fallen back to the upper channel of the downtrend, it should bounce. Wouldn't some impetus be needed Greg? Feels like we are in the middle of a capital expenditure slowdown and there is really no way to know when the corner will be turned. Or you think it's just going to bounce on price alone? I'm a LTB&H investor but went 50% cash after John Chambers spoke. This thread helped much too. Luckily I was nearly 80% QCOM going into this week. I'm ready to go back 100% invested when there is any glimmer of hope that this economic slowdown is over. They are all predicting a strong second half but the Cubs are predicting a better season coming up too. Fat chance on both counts, imo. Tell me when the tide has turned. Screw the bounces, I don't have time for that. Rory

To: Boplicity who wrote (10010)	2/10/2001 12:16:19 PM
From: mishedlo	Respond to of 13572

Greg, I accept that. I am unloading PUTs on Monday (hopefully on a gap down, or small gap up that starts to get creamed) Will likely poke at a few calls as well. Anyone done a Max Pain analysis this month. BRCD JNPR BRCM AMCC PWER have probably all fallen too far too fast from where they were. Looking for stocks with real bounce appeal. It is too bad that you like to buy breakouts, that has been nothing but misery for the most part. M

To: Boplicity who wrote (10010)	2/10/2001 2:56:17 PM
From: allen menglin chen	Read Replies (1) \| Respond to of 13572

Agree, Greg. NAZ should bounce from the current level based on my simplified TA model: NAZ Jan low 2252, hi 2892 ==> 640 range * 0.68 pull back ==> 2457 as the pullback bottom. NAZ is 23 pts above 2457 as of Friday's close. And all the NAZ old generals like CSCO, SUNW, NTAP are making new lows, and ORCL is close to making one. INTC is not far from its 52wk lows. Better bounce now, or NAZ 1900 as u suggest. Wow, even GLW (new low) and JDSU are weak. I rechecked Top 50 market cap NAZ and SP100 stocks on IBD. Only 3 NAZ stocks (excluding those Japanese stocks ending in Y) has ESP + RS > 170, CHKP 188, CMVT 173, FITB 172. Among SP100, HI 173, FITB 172, WM 178, CAH 180, FRE 175, TYC 172, UTX 171, ALL 178. I'll try to find couple good ones among the 9 stocks (FITB is in both SP100 and NAZ50) Looks to me we might have to switch to SP100 to find some good stocks to hold. NAZ stocks should be buy the dips, sell and short the rally until March 20 FED meething. If CHKP holds 115-120 area next week, it would form a nice weekly chart with rising lows and resistance @ ~160s. Regional banks are among the best IBD charts. Lower interest rates ==> refianacing might be the good reason to buy and hold them for the next 6+ months??? Any sector HOLDER or funds for the whole group? I'm new to bank stocks, so I think I'll pick the sector instead of individual banks. My best idea for small cap is MWAV. A pull back near 9.25 to 10 should be a good for starting a core position. I'm expecting MWAV to be a $20 by the end of 2001 based on my estimates of $1.5-$2.0 earning. Even if P/S = 1, with conservative sale target of 100 mils in 2001, MWAV will reach market cap north of 100 mil in 2001 (current cap is 52 mil).