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To: Shack who wrote (20072)	11/8/2001 10:44:40 AM
From: Jack of All Trades	Read Replies (1) \| Respond to of 209892

Grinding here @1130.50-31 not sure what will happen, I have sell limit up on the fork. EDIT updated 3min on my site... geocities.com

To: Shack who wrote (20072)	11/8/2001 10:51:23 AM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

Geeze, on that Dow chart I posted this morning, I didn't think that target would get hit in one day! -g/ng I hope we get some bear capitulation today.

To: Shack who wrote (20072)	11/8/2001 11:11:43 AM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

With the stochastic setting I use, (8(3), on the weekly we have a new high and the SOX is now as overbought as it was in March of 2000! The last time the NASDAQ was this overbought was July of 2000. There are other reasons to see its run as over for a spell. Put a fork in it. Might go another few percent, but that'll be it.

To: Shack who wrote (20072)	11/8/2001 11:17:05 AM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

I have posted from time to time the most bullish formation I track -- the giant bullish wedge on QCOM. (Use a weekly to view it.) It dates back to January of 200 and it is a thing of great beauty. The bullish argument says it projects a breakout of monster proportions. We are pushing the top of that wedge now for the third time. This must be watched very closely now.