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To: John Madarasz who wrote (5306)	6/19/2001 5:44:14 AM
From: Clappy	Read Replies (1) \| Respond to of 209892

Ameritraders are still buying and not panicking. Go figure. I underestimated them. I guess they have deeper pockets than I thought. It seems that they do not feel the pain yet. Not even close. Their tax return money must be burning a hole in their pocket. Buy the dip is still en vogue.

To: John Madarasz who wrote (5306)	6/19/2001 8:30:05 AM
From: AllansAlias	Read Replies (2) \| Respond to of 209892

The top of the most recent NDX down channel (off the 13th high) is 1719. As so often happens, a gap opening will target exactly a technical obstacle. If we open above this line, odds favour that we'll run a bit. Currently, the NDX pre-market indicator is calling for an open of, you guessed it -- 1719. If we are running the final kick of a flat correction, the 'c', then the zone where this mess has to turn is NDX 1725 (min target) to 1745. Beyond that and we have something more bullish transpiring.