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To: AllansAlias who wrote (78017)	3/9/2001 2:18:27 PM
From: Andrew G.	Read Replies (2) \| Respond to of 436258

Heinz: re AllansAlias #78017 Now, that I'd agree would look like capitulation. Panic buying or panic selling definitely overloads the system. I just don't know if it is enough to go by the definition of capitulation. I see capitulation as being a genuine sell off that goes to the bottom and stays there awhile (like at least a few days and smolders like a burnt ember). The gradual redistribution of funds from tech to non-tech is the likely explanation of what we have here at the moment. I don't see capitulation looming unless there was a US related or world event that causes abject fear and panic. Credit is still too loose, consumers are still buying because their primary asset, their home, keeps climbing in value inexplicably unabated.