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To: marc chatman who wrote (4390)	6/7/2001 11:46:22 AM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

Long NQU @ 1950.50

To: marc chatman who wrote (4390)	6/7/2001 2:24:22 PM
From: marc chatman	Read Replies (1) \| Respond to of 209892

Despite the frustration, bottom line is the COMPX is only up about 40 points and the NDX about 50. The 5/5 stochastics on the daily chart are now overbought, and as far as I can tell, the move is still only back-testing that old lower trendline. As long as the 12/26/9 macd doesn't cross to the upside, I'm still loooking for a top to this rally (which is still only a correction of the last move down) possibly today or at latest tomorrow. Also, on the 15 minute chart, I am seeing 5 waves from the lows of yesterday morning. The only problem I see is the INTC meeting. It is risky to go short ahead of the announcement; on the other hand, by waiting until tomorrow to short, there is the possibility that they will say something negative and cause a gap down.