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To: Terry Whitman who wrote (150696)	2/11/2002 5:23:58 PM
From: Cactus Jack	Read Replies (2) \| Respond to of 436258

Volume seemed pretty weak today for stocks to be shouting. jpgill

To: Terry Whitman who wrote (150696)	2/11/2002 5:42:38 PM
From: mishedlo	Read Replies (1) \| Respond to of 436258

Terry - I am not short. In fact I called for a rally. Based on max pain manipulations, no more no less. was not totally convinced what to buy so I sat it out. Looks like I could have bought about anything but software. Actually I did buy some bios (but when they just sat there I sold them, did not buy the right ones. ng) Sun-Tzu and I both called for a rally this week although he has it going higher than I do. The only question for me is when it stalls. Is it time to put on our DOW 10K party hats again? M

To: Terry Whitman who wrote (150696)	2/11/2002 7:08:21 PM
From: J. P.	Respond to of 436258

Should I buy some Nasdaq 3000 Leaps? Which expiration period? (My guess is Q2 2004)

To: Terry Whitman who wrote (150696)	2/11/2002 7:37:09 PM
From: sun-tzu	Read Replies (2) \| Respond to of 436258

terry, i pride myself on maintaining objectivity. i'm sorry, but i just do not see the market performance as fully pricing in a recovery. imo, you are extrapolating way too far into the future. the market correctly anticipated the current economic upswing. i'll leave the debate over the accuracy of this inventory replentishment in being truly representative of a real recovery for another post. suffice it to say, the indices recent action has done nothing to convince me that anything but more pain is coming. all three major indices are now in IT and LT downtrends. ST is up for debate. that being said, i'm currently long but hear me clearly, i view this as nothing more than one of the best developing shorting opportunities ever. and to all on SI, as well as terry, please view these rather eloquent and enlightening charts courtesy of Gottfried and Didi: suite101.com