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To: 16yearcycle who wrote (5543)	3/4/2001 2:02:41 PM
From: Mark Fowler	Respond to of 57684

The only hope I see is if we started another vector, which I now believe, using the 97 and 98 bottoms, then we are at support and haven't broken that support line yet. But if we go much lower, we are in no man's land by any measure. << Gene It looks like we are there now in "no man's land". Their's really no Support on the Ndx until it approaches approx. 1550-1400 areas next. We took out the 50 and 40 ema's on the long term charts, this is not good! And the S&P is now flirting with this important MA line and I think she'll go too. What does everyone make of this, going forward?<< I think it spells trouble Gene. A dangerous situation brewing here with our markets and it looks like it's starting to snowball out of control. Confidence is gone! Their's a sharp group of investors in the silicon valley that think the nas is going to 1025 -50, imagine that?