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To: Shack who wrote (72864)	2/28/2001 10:18:51 AM
From: AllansAlias	Read Replies (3) \| Respond to of 436258

Actually, I am setting up to short POS at $38. I am willing to try a few times on this one.

To: Shack who wrote (72864)	2/28/2001 10:23:07 AM
From: chic_hearne	Read Replies (1) \| Respond to of 436258

We hit a new intra-day 52 week low today at 2190, didn't we? Only two ways this down wave can make a short term low in my opinion, either Greenspan steps in with a surprise cut or we get a borderline capitulation day on the Naz, like 2.5-3 billion shares. The bull threads are talking capitulation, so we probably have a ways to go, maybe we finally print 1999.xx

To: Shack who wrote (72864)	2/28/2001 10:31:50 AM
From: AllansAlias	Read Replies (1) \| Respond to of 436258

Shack, I am a little unsettled as to what's going on since yesterday as you know, but I am assuming for now that yesterday begain a new wave down. If so, then the bounce begun this morning should be short-lived and I took the opportunity to get short the futures. Getting NDX over 2010 or so will make me begin to doubt. The surprise cut is my big worry, but all one can do is put in the stop and pray that it gets filled before you lose more than a hundred f*cking points.