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To: JakeStraw who wrote (7919)	4/18/2001 3:42:33 PM
From: SecularBull	Respond to of 10934

Fair nuff. ~SB~

To: JakeStraw who wrote (7919)	4/19/2001 5:07:49 PM
From: Jacob Snyder	Respond to of 10934

amazing volatility. The SOX is up 50%, in the last 8 trading sessions. NTAP has doubled now, off its very recent lows, and is now in the area where the stock stalled for a while in mid-March. I'm going to wait until the stock doesn't set new highs every day, and then buy some puts. Let's see, what will NTAP's forward 12M EPS be? 0.20? So, we are back to triple-digit PE territory. I was all long going into this rally, and have steadily sold into it, and bought put LEAPs (on NVLS and JNPR, so far, thinking of adding NTAP and MU, for a nice "basket of shorts"). Is the bear market really over? I won't believe it, until I see consumer spending, and consumer confidence, up for a couple of consecutive months. Just amazing, how fast sentiment swings. A few days ago, everyone was debating whether they should sell their losers, to avoid further losses. Now, everyone is in a panic to buy before the Nas goes back to 5000.