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To: MonsieurGonzo who wrote (9020)	2/21/2001 6:03:17 AM
From: Gersh Avery	Respond to of 11051

Still sittin' in cash .. have been for months. So there hasn't been any fund trades to post. Still looking for that 3/2-3/5 compx bottom. May not be the bottom .. just a bottom .. enough to catch a t+3 scalp trade.

To: MonsieurGonzo who wrote (9020)	2/21/2001 12:50:19 PM
From: Gersh Avery	Respond to of 11051

Interesting chart: 207.8.47.37 looks like it's ready ro roll over again.

To: MonsieurGonzo who wrote (9020)	2/21/2001 5:57:26 PM
From: Trading Machine	Read Replies (1) \| Respond to of 11051

Welllll, not today, but we're geeeeetting close!! A couple of days ago I was talking to Berney and told him about a "bump and run" pattern on OEX and when I looked it up in the book by Bulkowski, it says that 69% of the time a break to the downside results in between a 15 and 20% correction. Since Bulkowski was talking about the pattern as a topping pattern, and clearly this is not the top (to say the least) I am not sure that this is the proper interpretation. But this translates OEX down into the 620-630 area. A few days ago I didn't believe (from a subjective opinion point of view) that we would break 640, because a couple of years ago it was kind of a magic support area. Well now I believe we can! The other observation I would make is that trend support on the DOW is about 10499. Break that and you (IMHO) break a diamond pattern that translates = down! Thirdly, the RUT is goin' south! Four, as The Don would say there is an "imperfect" three black crow formation on OEX implying further negativity. FMAGX closed at $113.10 a new low. Gersh says 3/2, boy that is looking better and better! I know its early to start looking at the futures, but they are, needless to say, Negative with a capital N. Finally, with the CPI this morning showing a rise in the inflation rate, Big Al is between a rock and a hard place! As Berney would say "this is gonna be verrrry interesting"! ggg CU Paul Kellam