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To: isopatch who wrote (89768)	4/5/2001 8:40:41 PM
From: Greywolf	Read Replies (1) \| Respond to of 95453

Yepp it sure do look like bottoms up... To find absolute ground zero is a task and a half. Yet you do reach a level where a buy is only going to be dependent on one thing - time. That is how much time will it take for the buy to be a profit seller... We are probably as you point out in that area, and I would venture to add - Yes we are at the bottom, looking up and sideways. This is not going to get better quick but it does look like a buy in a quality name is not going to as of late half your investment and not by a long shoot. (unless you are buying new economy fluff) CHV, P and OXY look nice as ENE ... also I can not forget the soon to be major player in Sudan LOILY.... g

To: isopatch who wrote (89768)	4/6/2001 3:36:57 PM
From: ItsAllCyclical	Read Replies (2) \| Respond to of 95453

>> THIS RALLY IS FOR REAL! << The S&P 100 is still holding above it's recent support and this pullback is typical for a Friday especially given yesterday's gain's. That said, I'm pulling the other half of my 401K money again (expect to be down 2-3% today netting about 4% in two days). I'll take it. Traditionally the week leading up to April 15th is weak due to taxes. I also expect more bad news the next 2-3 weeks. If the US dollar can close below 114 next week then 110 is certainly plausible. Looks like KGC is being accumulated the past couple days. If Drooy can rally off it's 52 week low then I expect KGC to hit .75 to $1 within the next 1-3 months. KGC 1-year chart askresearch.com

To: isopatch who wrote (89768)	4/7/2001 9:15:20 AM
From: MetalTrader	Read Replies (2) \| Respond to of 95453

Good morning gleeful one (I do wonder if your erstwhile clients who didn't follow your always sage advice were subjected to such antics)...this rally will be prolonged, i.e. through the summer in my opinion based on the technicals. It really is textbook. But it continues to be a bear rally and will be full of tests. It's always the tests of the bottom that are harder than the first drop. (guess they wouldn't call 'em tests otherwise) Looking for retracements that don't quite retrace each full brief upward blip. Higher highs and higher lows. The steepening curve bodes well for a recovery, although says nothing about when. The inversion of 113 bps last year has now been reversed to 80bps the sharpest reversal since 1991. There are still issues to be dealt with to be sure. A strong dollar, tightened credit availability and the deleveraging of businesses by paying down debt, cutting capital spending and whacking away on that most variable of costs, employees. Metals, interest sensitives, and those benefiting from weakening dollar are my investment interests now. OSX, while it has earnings strength behind it, at this point in the cycle it's a definite yellow flag. It can and will disconnect from fundmentals at some point. In technology, the cyclicals are beguiling, particularly semiconductors which seem to be building a base despite strong negative fundamental arguments. These alarms that cycle has changed and semi's are in for a long cold winter, sound very similar in tone to the opposite side of the coin that "this time it's different" on the upside. So I'm nibbling at AMAT with the idea that yes, it COULD go to 30, but who can REALLY call the bottom? SLB looks good to about 65, maybe even 70 at this time but sentiment could change anytime. Was sitting to add NEM at 15, but the little bahsterd danced away 12 cents higher..so I'll wait, but next downside target price will probably look a little higher than 15. In core technology holdings account, I'll continue to sell covered calls and add which has been admittedly a god-send. My call income very nearly balances out the price erosion since Jan 1. So the tech strategy continues to be for this year, sell hope and buy fear. In other sectors, buy balance sheets. (and watch out for that damn "goodwill" lurking in there) Although generally most valuation models show the S&P to be over 10% undervalued, it can stay that way a good while, so while the trends are constructive, patience will be rewarded. MT