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To: Selectric II who wrote (10870)	2/26/2001 9:41:49 PM
From: stockman_scott	Respond to of 13572

Here is a market analysis that a friend emailed me today... <<13:49 ET ****** Chart Watch : So far so good for the Nasdaq Composite. While the index has been unable to recover back to the early session high, the action thus far has been constructive. Opening follow through gains were stymied as the index ran out of gas after the 144 point surge in a little over 3 hours of trading, the failure to test the longer term trendline (Oct 1998/Jan 2001 lows) near 2320 and the lack of leadership from the semiconductor sector amid TXN concerns. However, this constructive pattern will remain intact as long as short term support at 2238 and more importantly 2226 are not taken out during the current consolidation phase. Taking a step further back, there are other factors that are lined up in the bullish camp. The first is that the daily indicators are deeply oversold. While these studies have yet to generate buy signals, they are beginning to rotate higher. The second is the ability of the index to stabilize back above the Sep/Nov 2000 trendline that was temporarily breached last week. Clearly there is work to do but the market is in position for at least a more sustainable bounce than seen over the last month. A cross back above the long term trendline would add weight to this outlook. The Dow is in a similar short term position as it rebounds off the bottom of its four month trading range. There is a considerable amount of consolidation in 10,550 to 10,600 area which may hamper the upside for the short term but improving technical studies argue for further gains. Next resistance is in the 10,705 to 10,754 area (200 day simple ma/Feb 09 low)...>> _____________________________________________ IMO, we may have tested the bottom on this leg of the Naz correction and I plan to stay quite fully invested right now....Nothing can be taken for granted in this market environment though <VBG>. Best Regards, Scott

To: Selectric II who wrote (10870)	2/26/2001 11:59:55 PM
From: mishedlo	Respond to of 13572

3) He should be put under SEC investigation. What he did was far far worse that what that 15 year old kid did IMHO. Blatant market manipulation to protect his clients if you ask me. What's the offense? Expression of an opinion that conflicts with yours and hurts your short positions? I was fortunate enough to have closed close to 90% of my shorts at the time that nonsense occurred. I reported as such already, and in fact welcome a bump to reload shorts from. That said. 1) I believe but can not prove, that this was a blatant lie, with no basis for him saying so other that to prop up the market. 2) Tell me how this differs in any way with what that kid did. Post garbage on the net about stocks, with bold type and hype that suckers fell for. 3) If the SEC can prosecute the kid in #2, they should throw that F*head in jail for what he did. If they leave this idiot alone, then they should leave the kid alone as well. Where is the SEC on this. That kid was just expressing his "opinion" was he not? Give me a break! Analysts lies, manipulation, pump and dump are ok for these clowns but they target 15 year old kids. Sheeeeeeeeeeeeeeeeeeeeeeeeeeesh! Get real. M