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To: John Madarasz who wrote (7281)	7/16/2001 11:36:23 PM
From: JRI	Respond to of 209892

Damn good answer to my low-volume question John....Why can't we just have silly, explosive up into August so dumb guys like me can get positioned w/room to spare? <G> I'm not kidding <NG> Maybe 5th wave Softie leading the way....

To: John Madarasz who wrote (7281)	7/17/2001 12:31:54 AM
From: NOW	Read Replies (1) \| Respond to of 209892

Are you long bonds John? Seems to me they should have done better given the great news they have had past three weeks: emerging markets, oil, stocks weak.... They look to test march but i say the low holds....

To: John Madarasz who wrote (7281)	7/17/2001 8:52:25 AM
From: JRI	Read Replies (1) \| Respond to of 209892

John- Remember a couple weeks ago- we discussed the old apex of the lower-trend line (off highs), and upper trend-line (off lows)....well, that thing is still hanging out here, and is poised for (conclusion) 2125 by Friday... You can see it clearly on velo's daily charts (under Nasdaq commentary)...http://www.raptorgroupresearch.com/ Having said this, we basically broke the last wedge (with last week's down), and made an attempt to get back in it, and got repelled (again), as custom from marginal high...looks like this thing is running out of time (to get back above that upper-trendline off lows), otherwise, it is failure, pure and simple. Also, since the May high, we basically made 3 similar trips: nice-sized down, followed by rising wedge, and then broken to downside.... AMAT right at 40 this morn in pre-market. Looks like (one) moment of truth comes early...looking for any bounce here? Everything sounds real negative today, including CNBS <G>