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To: Archie Meeties who wrote (89453)	3/29/2001 10:02:38 PM
From: Roebear	Read Replies (1) \| Respond to of 95453

Archimedes, Except for a news event such as a ME conflict, OSX just does not look that compelling to me to enter at this point. Been very short term trader here of late and this week not even that, just sitting on cash mostly. Cash gets bigger relative to stock prices as they get smaller, ggg. Another negative, though I can't show it (not a freebie and I don't have the software to do it yet), is the XOI had a failed rally the last three days and retreated from a touch of both its neckline and 200MA. NOT encouraging. Weekly chart on the OSX shows that besides current level 110-112, and iso's 104-106 which seems minor support, there is little but air down to 91-95 where there finally is strong support. Much depends on the broad market and whether we are in Bear Phase Two or Three. Until proven otherwise, I'll consider Phase Three still developing. If I miss the bottom, stocks are like buses, there is always another one to catch and there are always laggards in the patch. But I don't want to catch the stock that gets its bus hijacked by a Mad Bear Phase Three. Rallies up to resistance are and are likely to be capped by new shorting at those levels. Bears be Hungry after a Long Sleep. Cap Preservation is currently my only Priority and I don't see anything exciting in the charts at this time unless one likes to be whipsawed, ggg. Best Regards and stay nimble, Roebear