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To: ajtj99 who wrote (68)	4/28/2001 4:04:59 PM
From: Les H	Respond to of 29600

It was breaking down because some people who were booted off other SI boards chose to migrate to other SI boards on the hot list to advertise their stocks. There's too much plugging of stocks, political plugs, and plugging of opinions without any supporting information. My database signals are very toppy and high risk but have yet to roll over. They were close to doing so on Tuesday. Normally, they would dip once with the market and then come up again as they have. I think the next decline in stocks will have to wait for the 'analysts' to start revising their earnings estimates and ratings to bring down the stocks. It would be very unusual on a market bottom for the Nasdaq and Nasdaq 100 to not have retested their lows. But then there are quite a few industry indices with the same anomaly. It may be that the restest won't occur until the next short-term cycle nears its end. The cyclepro link I listed here should have the next Bradely date. I think the ten-week cycle for the Nasdaq would end near mid-June, given the April 4 low.