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To: AllansAlias who wrote (26797)	1/5/2002 9:23:23 PM
From: Shack	Read Replies (1) \| Respond to of 209892

I have two similar scenarios for tech Allan. If we are strong early on Monday then I believe the move off Friday's highs will simply prove to be a wiggle a-b-c (with the strong open being the conclusion of the 'b') with another push up beginning shortly thereafter. Tough to say which is preferred but here are both counts: marketswing.com

To: AllansAlias who wrote (26797)	1/5/2002 9:52:11 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 209892

Allan: Re: "I tend to try to be cute. It's not necessarily the best strategy. This is a nice level to accumulate shorts. I said the same thing the last time we were here on Dec 6. This market will well push some yet, but shorts from here will look good in a month." All good points, but what index will you key off of here in your short term plan? INDU and SPX looks strong with three white soldiers in a continuation pattern going into Monday. They just did the 200 DMA which will embolden the bulls more. Rydex seems to show increased Titan activity on Friday. Comp. and Sox and NDX, on the other hand, have reversal sticks. So one scenario is that the broader market goes higher and holds a flat/slightly higher together for the Nasdaq.

To: AllansAlias who wrote (26797)	1/5/2002 10:19:44 PM
From: bcrafty	Respond to of 209892

Allan, thanks for the nice charts I wouldn't have noticed that similarity to October unless you had pointed that out. Right now I'm mostly long but I guess that's going to change next week, at least for a while.