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To: Jon Cave who wrote (89789)	4/6/2001 1:52:46 PM
From: isopatch	Respond to of 95453

Good relative strength in RTN.B, PDE CRZO and others during this pull back. Like what I'm seeing so far. A .618 fib retracement would be well over 250 pts down. So we could dip further and still not violate the abc rally structure I'm expecting to unfold. Dicey? Sure. It's part of the fun. But at 65% cash and some good recent buys am right where I want to be at this point. Always play Bear Market rallies with only a fraction of one's trading capital. Cash (along with gold) is still King till THE bottom is in. IMHO, we have a long way to go in both time and price before that happens. And yep!(g) Peoples Rep of CA only starting to pay the price of years of anti-business left wing environmental extremism. Regards Isopatch