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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (50648)	8/16/2001 9:42:13 AM
From: robert b furman	Read Replies (2) \| Respond to of 70976

I'm not long now, but with techs melting like they are this a.m. - I'm waiting for fear and volatility. Naz now below 1900. It takes a surprise turn - only Dell is 800 pound gorilla left. Just a guess but a turn is due. The last bounce was a non event - double bottom going in now. It's time to go knife catching. One last thing would wrap this up - VIX spike. Put to call ratio is at .83 highest in 3 1/2 weeks.If it pops over 1.1 it is the real deal.Past market turns required washout that has been timed perfectly with one two punch of Vix spike and put/call ratio over 1.1 . Been dreaming about this combination for 2 years - spent too much dry powder waiting but no one's perfect. Now that we're below 1900 - we must retest and violate April low - that with vix and put/call ratio - time to bet the farm. JMHO Bob