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To: k.ramesh who wrote (87572)	2/17/2001 4:44:17 PM
From: isopatch	Respond to of 95453

Hi ramesh. Wow, dats a heap a questions! Wish I had the answers to all of em(g). Whether it's the NAZ or the OSX, my approach to the market is to do my best to identify major trend changes when they are occurring and then follow the new trend. I'll continue to do so until my own work indicates another important change in direction is approaching or occurring. I don't try to set specific price OR time objectives for where or when a tops or bottoms will occur. On the other hand, have no criticism of people who use specific price targets. Quite a few successful investor/traders do use them successfully. One thing I've learned over the years is that there are many excellent approaches working successfully with the market. Right now, my read of the NAZ is that the Major Bear market isn't close to being over yet. The primary trend is still down. There will be little short covering rallies on the way down. But tech isn't my specialty. So will wait for the final bottom to evidence itself before making any large commitments. Don't mind missing the absolute low. One of thing I've come to appreciate after being through several Bear Markets is, "It's more fun to average up than average down". Too bad I don't always get to do it that way, lol. Cheers Isopatch