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To: Jon Khymn who wrote (206)	12/1/2001 9:32:31 PM
From: Jon Khymn	Respond to of 795

5th Full bet of the year: With 2 or 3 of these semis and QQQ plan to launch a full shorting next week. LT and MT short, took only 20 & 30% so far. ST almost 80% now. I think the time has ripe to take a full short launch one more time. Q now 40, MT short to 35 and LT short to cover at 30 (1 -2 point above the res. level. ) Hope I don't have to wait more than 2 mo. for MT and 5 mo for LT holdings...

To: Jon Khymn who wrote (206)	12/1/2001 10:48:15 PM
From: Chris McConnel	Read Replies (1) \| Respond to of 795

>> So Larry think we are heading side ways from here? If you read all his posts, you'll see he refuses to predict. He determines the trend and then plays until the trend turns. Never short, only long. Check out: Member 146764 As far as going short, all got say is be careful, if we start breaking some the resistance lines it could draw more money into the market. There's plenty of factors that favor both bull and bear camps. Bulls: 1. Increasing short interest 2. Underweight tech in mutual funds 3. Taliban starting fall apart 4. Still the season to be jolly 5. Low fuel prices 6. Fed liquidity pump 7. Another rate cut in December Bears: 1. VIX, VXN approaching their lows. 2. Another Enron waiting to happen? Is there derivitive risk from short rates at 2%? 3. Does Al Quida have any more tricks up it's sleave? 4. How will a global, business led recession affect are recovery? 5. Have all the excesses from the credit bubble-tech bubble been wrung out? There's probably more... My point is, this market could move in either direction. - Chris