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To: AllansAlias who wrote (95483)	4/17/2001 7:56:55 PM
From: American Spirit	Read Replies (2) \| Respond to of 436258

Monday and today were for profit-taking, consolidation and seeing if bears could get anything out of earnings warnings. Now the die is cast. The techs are ready to rally again. Expect to rally until Friday at last then after another breather on into May's rate cut days, if we don't get a cut sooner. 25% up from here then the bears can start stirring again. But shorts are just in the way now, and they'll be trampled. And another thing, those stocks which have been hurt the worst may do the best once 2nd and 3rd tiers start moving. Today they were mostly down do nice-nice bargains. Hold your nose and see which ones you want to buy. use stops if you're nervous. Always sleep at night.

To: AllansAlias who wrote (95483)	4/17/2001 7:58:01 PM
From: UnBelievable	Respond to of 436258

Some Comments From Security Trader Tuesday April 17 2001 7:00 PM EST BKX (Bank Index) - at 4 points of resis, but too early to short. BTK (Biotech Index) - at targets and Major resis (price and 50MA)......only thing to say is if you bought the sym triangle breakout, take profits at objective targets and / or take partial profits and set stops on the rest of position.....stay objective. DRG (Drug INdex) - rising wedge hasn't broken down yet but would be uncommon for a straight up rally thru the 50MA......200MA resis dead ahead here also. IIX (Internet- Profit takers not too anxious here.....yet. MAJOR resis 190 - 200. INDU (DOW 30) - at / near targets and Major resis (price and 50MA)......only thing to say is if you bought the sym triangle breakout, take profits at objective targets and / or take partial profits and set stops on the rest of position...stay objective. NDX (NASDAQ 100) - Gapped way down in the AM and then rallied off lows....Profit takers not too anxious here.....yet. MAJOR resis 1750- 1850. OEX (S&P 100) - Profit takers not too anxious here.....yet. MAJOR resis & max targets 625....closed at 611. OSX (Oil Service) - At MAJOR resis....still looking for a possible rising wedge to setup here. RUT (Russell 2000) - Sym triangle breakout still in play...initial target and MAJ resis 465. SOXX (Semiconductors) - At 50MA resis. XBD (Broker Index) - Profit takers not too anxious here.....yet. MAJOR resis 500....closed at 484.

To: AllansAlias who wrote (95483)	4/17/2001 8:06:07 PM
From: JRI	Read Replies (1) \| Respond to of 436258

Ok- you brought up the e-wave <G> (Anyone bored w/e-wave close eyes) If tomorrow is a 3, then you are expecting a 4 and a 5? If so, does that get complete before Monday, or are you putting the turn date in question.. Finally, how many points you expecting on this 3...and # of days? Sorry, you brought it up <G>

To: AllansAlias who wrote (95483)	4/17/2001 8:09:54 PM
From: JRI	Read Replies (1) \| Respond to of 436258

AA- I can't wait to find out if Ameritraders buy tomorrow....but I am amazed at the total capitulation of the bears tonight (short-term)...I admit, things look super strong for tomorrow...but hardly anyone thinks this thing will go down again in a couple days (anymore)...interesting.....Analysts comments tomorrow could take a little juice out of the morning pop...we'll see... It'll also be interesting to see how many shorts get caught out...and if they don't...do we see the heavy buying come in (all day).....

To: AllansAlias who wrote (95483)	4/17/2001 8:36:19 PM
From: Venkie	Read Replies (2) \| Respond to of 436258

I am too damn cautious...bot rbak yesterday= up 18 % Nibbled at Brcm today and up a bit in after hrs. I feel like panic buying but what you told me about the middle has kept me from getting twisted off..My exp tells me that if the rally is real then it will move up very fast and bad news won't slow it down. We are actually ignoring warnings in the techs. I am thinking of taking on Beas..Newp..Brcd in the am..What do you think? I like mid cap good techs with volatility and if we have made even a temp bottom then there is some good upside. Your honest opinion is important to me unless you put your bear blinders on.