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To: Terry Maloney who wrote (33116)	3/5/2002 6:13:31 AM
From: AllansAlias	Respond to of 209892

Thanks Terry. Appreciate that.

To: Terry Maloney who wrote (33116)	3/5/2002 6:19:55 AM
From: AllansAlias	Read Replies (3) \| Respond to of 209892

Yup, lots of bullishness here and most swing bears I read have either capitulated or are clearly feeling trapped. The Dow/XMI turns back today. A doji wouldn't surprise me. If it doesn't, I become a bull. SOX has to weaken today or tomorrow. If it doesn't, I become a bull. In both cases, the weekly sticks are what I am planning around. That is, where we will likely end the week. It's very simple. If I do become a s-t bull, I won't just unbox my short today. I would wait a few days until we have out next correction. Hopefully, we'd see the ears come back into the game and it would be on that weakness that I would unbox. Lots of charts look very good. Good volume. Nice breakouts. Big deal. I have never seen a turn where this was not the case. Think about it. If a push up did not look good then we'd all get rich 'cause shorting would be easy.

To: Terry Maloney who wrote (33116)	3/5/2002 6:35:37 AM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

Transport strength took me by surprise yesterday, especially some reversals in the truckers, but my retailers looked weak. A few transports had powerful breakouts: DAL and FDX come to mind. Very powerful thrusts our of s-t putative rising wedges. That's Hound'ish, no doubt about it, and it has made those charts look more like 3 of 5 moves rather than weak topping formations. Today we have a couple of the big retailers reporting and again a couple more on Thursday. I will be keying off them and I expect them to be soft despite reporting good numbers. Key transport stock to watch: JBHT -- is it really going to reverse that bear flag? That would be a powerful s-t Hound signal. I favour that it goes soft today and begins a strong leg down. Key retailer to watch: KSS reports today and is sitting just under resistance from the Dec high.