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To: AllansAlias who wrote (12140)	9/5/2001 1:28:23 PM
From: JRI	Read Replies (2) \| Respond to of 209892

But of course April low will provide a bounce, but the fear indices are not going to make extreme levels by then, IMO, so besides some short-covering, and a few traders buying the double bottom (which should be a good, tradeable bounce-like you say)..this thing looks screwed to me... If fear were a lot higher, I could see a huge double-bottom bounce....as is, any bounce will probably just bring complacency or better said, relieve the uptrend for fear indices and allow for more down... Csco breaking down and heading for April low....Softie got a date with high 40s IMO.. And we're only in the 2nd trading day in Sept....I noticed gem-x is nowhere to be found Note: Such posts by me usually lead to intra-day turnarounds ng

To: AllansAlias who wrote (12140)	9/5/2001 1:32:00 PM
From: The Freep	Read Replies (1) \| Respond to of 209892

What I find odd about this down is that the Dow is really not playing at all. The S+P is, what, 3% above that March low, and the Dow is more than twice that far above it. Seems like a strange dichotomy, though I'd be hardpressed to call it a bullish divergence, since the Dow also had recovered more %-wise from the low. I also agree that this isn't crash type stuff right now. Anyway, I'm sure more people have gone broke betting on a crash than have gotten rich by being short during one. I like risks, but not with those odds! VIX moving up. Market oversold. April lows near in the NDX, anyway. And yet still, I'm hearing your previous refrain, Allan, "stay sold" and I probably will until the lows or until we see just what type of bump we get here. the freep

To: AllansAlias who wrote (12140)	9/5/2001 1:32:07 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 209892

Boxed some shorts, keeping most of my poots. Fun morning! We'll get some sort of bounce off the "lows", then we'll see what we've got.