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To: Bucky Katt who wrote (8063)	3/2/2001 12:01:26 PM
From: tsigprofit	Read Replies (2) \| Respond to of 13094

William (and James might want to weigh in also) As I've been playing with Nasdaq index options now, I'm wondering if it's been your experience that it's generally harder to trade successfully when Mr. Greenspan speaks..due to the uncertainties his testimony brings to the market? That's my guess, but I'd like to hear what you think, William, since you've been doing this successfully for some time now. Thanks, Matt

To: Bucky Katt who wrote (8063)	3/2/2001 2:28:20 PM
From: James Strauss	Respond to of 13094

William: The intermediate term trend is down... Regardless of these one or two day mini rallies the most likely targets for the Nasdaq and Dow are 1800 and 9600 respectively... The full force of the rate hikes is biting the economy while the recent rate cuts will not begin to take effect for 3 to 9 months... bigcharts.com Short term Nasdaq resistance is in the 2300 area, but I doubt we'll test it soon... Watching Greenspan testify before Congress made me think of what it must have been like when Emperor Nero fiddled while Rome burned... < : Jim