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To: AllansAlias who wrote (30061)	2/2/2002 10:23:00 AM
From: At_The_Ask	Respond to of 209892

I expect continued rotation out of tech. The dow may eventually drag tech up with it but I don't think so. CSCo may have seen the bottom once again and cause some excitement. The confidence thing is huge and will take months before it's effects are fully realized. The market takes a long time to truly change course. CNBS is killing themselves by harping on ENE, but they don't even know it. Elliotwise I believe we are in a c up. It may have ended friday or it could go on for weeks. No real way to know the truth till it happens. Not much glory in wiggles but they are easier to call.

To: AllansAlias who wrote (30061)	2/2/2002 10:49:24 AM
From: John Madarasz	Read Replies (2) \| Respond to of 209892

The underlying fight is about recovery. The bears are looking for a double-dip and the bulls see us turning the corner. Excellent essay this week... zealllc.com Have a great weekend. "Jeff Immelt, the CEO of the largest company in the world, General Electric, said on January 28th in a speech at Brussels, Belgium that the US economy is not likely to begin improving until 2003. Immelt said that analyzing past patterns of business activity in GE’s many cyclical businesses leads him to believe that no recovery is imminent in 2002. "