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To: TechTrader42 who wrote (1412)	7/8/2001 2:47:05 AM
From: Chartgod	Read Replies (2) \| Respond to of 1471

In total agreement, with the "correction" not being over... Back in the end of April, beginning of May, I had some strong lines showing that the 3rd week of July will be a decision point...and I'll stick to these. Also, NDX of 1590 is not out of the "equation" the way things look at this end.<fwiw, of course>

To: TechTrader42 who wrote (1412)	7/8/2001 8:22:33 AM
From: Arthur Tang	Read Replies (2) \| Respond to of 1471

P/E ratio is going to surprise you because of Greespan's gift to GE capital. Besides, price of stock is not based on P/E ratio; it is based on support level. GE has specialist's shorts of 85 million shares, average cost around $52. That is plenty of liquidity. The pull back is to take out weak hands, who analyzed wrong; so that the price will move nicely when GE capital reports next. If you don't mix up fundamentals with the technical analysis, you will make some easy money.