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To: Justa Werkenstiff who wrote (144215)	1/16/2002 5:54:25 PM
From: sun-tzu	Read Replies (1) \| Respond to of 436258

i remain suspicious for a strong countertrend rally. admittedly, i've missed the boat on some tasty shorts and have been forced to DT in order to prevent big losses from the long positions i'm holding. there's no way i'd be short at this point, even if i had been short to start. the next big move is a snapback and i'm already long and will get longer once that starts. i keep diving in figuring that will happen, but get forced out for small biscuits when i realize that it's not a countertrend move. as far as targets, i'm reevaluating that now. i didn't think it would get this low so that forces me to reevaluate my trading metric. i don't buy the tank scenario whatsoever for the reasons that i have stated previously. it does not fit into any seasonal trading pattern nor does it match a liquidity infusion rally. those rally's don't hit death spirals till the summer months and i will still play it that way.