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To: AllansAlias who wrote (1092)	4/26/2001 3:15:33 PM
From: Jeff Jordan	Read Replies (2) \| Respond to of 209892

AA, I think we test the COMPX 50% fib @ 1950 tomorrow for a low...I will watch 2000 closely for any signs of support 38%....or 1745 NQ momentum has a way of doing it's thing...yes, nice trades here today...congrats on your nq 1835

To: AllansAlias who wrote (1092)	4/26/2001 3:16:02 PM
From: JRI	Respond to of 209892

No worries about missing a gap down (tomorrow morn) on the next down wave....if we meander/correct into this close?... I'm probably going to let things ride here....and I figure odds favor a gap down vs. a gap up, and/or if we do gap up, I am betting that it won't be too severe... The last few weeks there have been some huge gap moves both ways...I hate holding overnite....but it looks like the preferred count is in the drivers seat here short-term....any danger flags on COMPX that you can see here?

To: AllansAlias who wrote (1092)	4/26/2001 3:19:56 PM
From: JRI	Read Replies (1) \| Respond to of 209892

Softie retest of 72 today 50-60% of volume of the 1st test(a few days ago)....nice sign, eh?

To: AllansAlias who wrote (1092)	4/26/2001 3:27:14 PM
From: Perspective	Read Replies (3) \| Respond to of 209892

Damn - I was away when she finally tipped her hand last hour. Didn't get more shorts, just my core positions... So - I'm thinking we've launched "c" down and are just in the early hours of it. Not to pat myself on the back - but - looks like my COMPX 2000 was the perfect spot for "a" to terminate, and 2100 was pretty darned close for the end of "b". <g> Now, will "c" cooperate and drop down to that 1880 range? I know how much you hate targets, but it helps me decide how much to commit. Anyway, I would definitely like to have a little more short-side exposure for the meat of the "c". Mebbe I'll get my shot during the next wiggle up. I have one concern that I need to write you about tonight. Stepping back onto the hourlies, I thought I could read this entire April rally as three waves up, rather than five. It would say that the bear market rally is already over. I don't prefer this scenario by any stretch, but I was comparing COMPX to Dow 1931 again, and this rally is already comparable in height and duration to a couple of the later rallies. I know the market as a whole isn't repeating 1931 by any stretch of the imagination, but Naz looks like its evil twin. BC