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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (3282)	3/17/2001 2:41:35 PM
From: Lee Lichterman III	Respond to of 52237

I wanted to address the decrease in the Commercial SP00 shorts since many are taking it as a good sign. There was also a marked INCREASE in the Commercial shorts on the NDX. Apparently they think it is broken now and going lower. That is one concern I have with the 1500 level holding. So many are now touting that number that it may blow right through and go straight to 1100 or Don's 1063. That would be over 30% lower from here. Eeeeak! That would almost for sure kill my hopes for a bounce to 2250 also since that would require a double and the bounce may only then make it to 1500. Good Luck, Lee

To: Lee Lichterman III who wrote (3282)	3/17/2001 5:18:32 PM
From: marketing1	Read Replies (1) \| Respond to of 52237

regarding timing of bounce/drop this upcoming week. I also am concerned about MSFT, QCOM and implications to the NDX/DOW. I am not the greatest TA, but on my weekly Q charts I have MSFT just rolling out of an up channel where the lower boundary starts wk of 12/17 @ 40.25, other connecting points are 12/31 and 2/17. This up channel is inside a larger downchannel easily seen which started 12/99. seems to indicate MSFT could return to 40 or much lower (ouch!,)Please correct me if you see this differently. WMT chart looks ugly. Diamonds use to be a girl's best friend. (ouch!)Seriously, with the amount of equity that has been wiped out of the baby boomers portfolio. Retirement will have to be put off for a while and discretionary spending seriously curtailed. That has to effect retail seriously in the future. on the other hand Qcom has some major events this week which should help to support its price (at least in the short term)I realize that the Great Bear may need to devour most every equity, share and shareholder before we are done. 1. Sprint PCS will announce on Tuesday its plans to roll out Qcom’s new 1x technology at the CITA wireless conference. 2. Irwin Jacobs will speak at the same conference on Tuesday at 2:30 regarding the future of wireless.(webcast) 3. 3/26 China Unicom will put out its bid for the construction of a CDMA wireless network for 13 million subs in 2001, This should further substantiate the reality of China going CDMA in the soon timeframe. Also AMAT has its annual shareholder meeting Thursday (webcast) So somehow I am thinking QCOM and AMAT may lend stability for the very short while. Also there is a possibility of a miracle by Greenie. Although it's quite unlikely <VBG>. Just trying to regain my sense of humor. I am leaving this computer to celebrate st patrick's day - an annual event that should last a lifetime. regards, marketing