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To: AllansAlias who wrote (10891)	8/23/2001 4:47:08 PM
From: JRI	Read Replies (1) \| Respond to of 209892

I'm watching the QQQs bounce nicely (1.6%) from close based on the silly Csco news, and some strength in MSFT due to XP announcment... We may get lucky tomorrow morn on this RIDICULOUS ATTEMPT by the criminals to generate enthusiasm in the morn, so that the WS BS crowd can dump on to our Ameritrader public.. now I remember why I installed the "no hold overnight" rule. This announcement brought to you by TRUTH-ON-WALL STREET.com

To: AllansAlias who wrote (10891)	8/23/2001 9:51:58 PM
From: Perspective	Respond to of 209892

Thanks for the kudos. Just a rare moment of lucidity. <g> For another, check here, re MVSN: Message 16253706 BC

To: AllansAlias who wrote (10891)	8/24/2001 3:42:16 AM
From: Clappy	Read Replies (3) \| Respond to of 209892

Ameritrader: 8/22/01,62.99% 8/23/01,63.70% They were heavily buying back the CIEN they sold the other day, probably due to the announcement of them being added to the S&P 500. News of that used to give the stock a nice push upwards due to all the funds that mirror the S&P 500 having to buy stock in it. Seems like the Ameritraders were buying because of this reason, however, I'm wondering if this was being used as a means of distribution from some of the tech funds. The stock price only moved up 36 cents with volume nearly double it's normal average. Seems like a good way to dump a lot of shares and put them into the hands of J6P. Everyone working stiff with his 401K tied into the Vanguard S&P 500 fund is now buying CIEN. I also noticed that the Ameritraders were selling CSCO. They were selling it already? I thought the Ameritrader Index was not supposed to indicate day trades or short term trades. From their FAQ: In the Ameritrade Index, we do not include day traders, short sellers, or institutional/corporate fund managers. <snip> A recent Roper Starch survey uncovered several illuminating facts about online investors as we have defined them: Online investors buy or sell stocks slightly more than once a month on average, and more than 80% of online investors have a defined investment strategy. The more common strategy is investing for long-term capital growth; online investors tend to buy stocks and hold them. Online investors spend a day or more on average making their investment decisions and use research tools such as analyst reports, earnings reports, and news. Nearly eight of every ten online investors in the survey say they are somewhat to very satisfied with the success of their online investment performance. Ameritrade customers are representative of the online investor population as a whole. Seems to me that this Index is really much more indicative of a short term trading index. If they are selling CSCO at $16.50, where the hell did they buy it at? I doubt they are selling the shares they bought back in 1998 when Ameritrade was just getting big. Seems like most of those still playing this stock market game is now attempting to trade. That gives this market the perfect excuse to keep meandering in this directionless manner. Don't let the gamblers out of the casino until every last dime is taken... I guess they will all be buying their shares back today with Chambers setting the plate up for a bounce here. If Earnings Warnings Season shows signs of tech bottoming off, perhaps we will finally get to see the long awaited Big C... before the Grand Finally... ...I think I need some sleep... What the hell am I doing up at 3 in the morning typing this crap... -Clappy