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To: Dale Baker who wrote (29490)	3/1/2002 4:23:40 PM
From: Dale Baker	Read Replies (3) \| Respond to of 118717

This week keeps getting stranger. I stopped out of my QQQ short today and will probably avoid any market index trades until the market figures out which way it really wants to go. With MAXF trading down a bit it's time to start building a new trading position. Eventually they will sort out the warrant situation and report Q4 earnings this month. Stopped out of PRGN short this morning just before it headed south and refused to participate in the huge Naz rally. Strange enough that I will stay out. Personally I don't see how a small increase in manufacturing and a slightly improved outlook at NVLS justifies a 4% move in the NASDAQ. The more we reinflate bubbles, the more they will keep blowing up on our faces like the 10% NASDAQ drop in February. You would think that Wall Street might figure that out eventually. At the moment, the market has a shorter attention span than the average three year old.