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To: James Strauss who wrote (7984)	2/22/2001 11:50:09 AM
From: Jibacoa	Read Replies (1) \| Respond to of 13094

JIM: The DOW's short average is below the intermediate on the daily chart: futures.tradingcharts.com On the monthly chart it has been on a sideways direction for a while. We certainly are not having the favorable pattern that we had from early 1995 to Dec 1999 (with the exception of the 1998 dip): futures.tradingcharts.com The NASDAQ on the daily chart also shows and unfavorable pattern at present: futures.tradingcharts.com On the monthly chart it has not corrected the downtrend coming from February last year and it seems it may test support at the 2000 level: futures.tradingcharts.com We may see an upturn soon, but I don't see a green light as yet. RAGL Bernard

To: James Strauss who wrote (7984)	2/22/2001 12:22:32 PM
From: Jibacoa	Read Replies (1) \| Respond to of 13094

JIM: It seems the majority of "Financial Consultants" are quite bullish. Do you interpret that as positive or a negative for the near term outlook? : New York, Feb.7 (Bloomberg) – Optimism about U.S. stocks surged to a 14-year high last week, according to a poll by Investors Intelligence newsletter. The percentage of financial consultants who considered themselves bullish, or optimistic, rose to 61.8 from 61.0 the week before. Optimism hasn’t been this high since January 1987. “A lot of people are optimistic about stocks with the Fed cutting rates,” said Michael Burke, editor of the newsletter. RAGL Bernard