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To: Boplicity who wrote (11028)	3/1/2001 4:03:57 PM
From: JRI	Read Replies (1) \| Respond to of 13572

IBM rallied on a Cowen analyst note, not real news....I dunno, Greg, but I keep one eye open here....no way IBM can come thru this thing without changing their guidance this year (they are going to make it thru unscratched, while everyone other tech co. has had orders fall off a cliff?)... When it becomes clear that IBM story not true, ???

To: Boplicity who wrote (11028)	3/1/2001 4:22:09 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 13572

>>AMCC rally should be closely watched. << This should be most telling. Short covering rally or new longs. Maybe enough of both to reverse trend.

To: Boplicity who wrote (11028)	3/1/2001 6:34:14 PM
From: A.L. Reagan	Respond to of 13572

Fascinating reaction to the AMCC warning. AMCC is up on it, One of the classic signs of a market bottoming is stocks going up on bad news My guess is with Mrs. Peel that this is the short seller's variant of "sell on the news" - i.e. "cover on the news" and move on to the next one.

To: Boplicity who wrote (11028)	3/1/2001 7:05:47 PM
From: mishedlo	Respond to of 13572

Sign of a bottom on AMCC. Hardly. This is a post I did on another board. AMCC warned, yet again, but this time it spurred a huge rally. No doubt they will say a rally like this in the face of bad news signifies a bottom. As for me I am ROTFLMAO at this suggestion. I believe someone knew, and knew big. Shorts piled on, then someone who knew what the shorts knew, waited for more shorts to pile on then put in the "big buy" order. Result: Immediate short squeeze. Anyone who does not think there will be a retest of 22 is silly. This game is crooked I tell you. Think like a crook and you will do better. M

To: Boplicity who wrote (11028)	3/1/2001 9:27:30 PM
From: Boplicity	Respond to of 13572

From Mr. Worden, A Sight for Sore Eyes Today we had a remarkable afternoon rally. It was a sight for sore eyes. However, a wide majority of high-profile tech stocks remain technically weak. A decisive majority of stocks in the Nasdaq 100 are technically weak. The DJI stocks are split pretty evenly between positive patterns and negative patterns. We believe there’ll be some follow through to this afternoon’s counterattack. It could even be the big bottom. However, we need considerably more evidence to conclude this. It takes patience to let it unfold, not to force opinions, not to be constantly forecasting something and trying to win the admiration of friends and family and people (like me) who write market commentaries professionally. But you can have too much patience. Remember what you get paid for in the market? You get paid for taking risks. The market has no sure things to offer. The would-be sure things usually turn out to be unconscionably expensive. The time to take a risk is when you are not sure what is going to happen, but if something good happens you will be well remunerated. And if something very good happens, you will clean up. And if something bad happens, you don’t stand to lose much. This is such a time. I am saying it is an appropriate time to take some pilot commitments on the long side, or to expand on those you may already have. Look for low-risk entry positions, big “potential” gains. Enforce your exit strategies ruthlessly.