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To: Bill Harmond who wrote (11253)	5/1/2002 12:46:11 PM
From: stockman_scott	Respond to of 57684

11:23am 05/01/02 CSFB sees Nasdaq 100 falling below technical support ($NDX) Francoise Skelley, technical analyst at CS First Boston, believes the Nasdaq 100 Index ($NDX) will eventually break below support at the 1,220 to 1,240 level, clearing the way for a decline toward its September 2001 low (1,089). The tech-burdened index is now down 38 points at 1,239, more than reversing Tuesday's 30-point surge. __________________

To: Bill Harmond who wrote (11253)	5/1/2002 4:11:38 PM
From: techanalyst1	Respond to of 57684

If the big caps don't hold, then the indexes probably aren't going to hold their lows either. Intel barely hanging on. Should it fall under 27.5, I bet it falls pretty fast. Naz is pretty oversold. An old article from the wsj interviewing Richard Russell on the dow theory... Maybe we're near the end of the bear market when the big ones get sold. online.wsj.com TA