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To: ALTERN8 who wrote (4468)	6/7/2001 4:50:01 PM
From: UnBelievable	Respond to of 209892

You Are Correct - But The Devil Is In The Details

To: ALTERN8 who wrote (4468)	6/7/2001 6:05:47 PM
From: JRI	Respond to of 209892

OT <I think it will be more like: gap, mild crap, fart, rally, burp, bounce, dump. > Uh, you just described my average day with my 4 month old...lol

To: ALTERN8 who wrote (4468)	6/7/2001 6:54:11 PM
From: Kool Guy	Respond to of 209892

You may be right but I have a very funny feeling about the current market we're in. The next up wave may suprise all of us. I've been doing alot of comparisons of the current time period to the May to June 2000 period. There are alot of similarities. In fact the similarities are a little disturbing. If the pattern repeats itself, I will be looking for a blow off top. The rally on this top should be 3-4 days with strong advances where the Nasdaq during each of these days closes at its highs. If this happens, I will be looking to go short as hell sometime next week. Hopefully by then the Appeals Court Decision on softy will be out of the way. (BTW look for the announcement to be on a Tuesday or Friday at 10:00 AM) The blow off top in July 2000 was clearly visible on the weekly candle charts and was followed by a severe decline lasting about 12-15 trading days. If this happens, that would set the ST bottom sometime in early July 2001. What follows next is the rally back during the earnings season to double test the top. After that........the market goes straight down the dumper. The DOW too. Good Trading Koolguy