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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (19879)	7/2/2002 1:38:54 AM
From: augieboo	Read Replies (2) \| Respond to of 26752

Here you go Fred: I am pretty loaded here, cash close to 20%. I am ready for the post Nassacre ramp to start any day here. Also ready to bail out if 1375 seems to breach on a closing basis. Zeev Message 17680094 going to bed with only 16% cash and the Q in tow. If we breach 1375 tomorrow, I may have to take a serious "hair cut", c'est la vie, but if we bounce from around here, this fully loaded position will look pretty good in three weeks. Just removed my bear suit completely, an unabashed bull in your midst (g), mark the close 1403 on the Naz. I hope the thread does not ban bulls (g). Zeev Message 17680440 yes, but I am not yet at the stage that "I feel much better", I am shaking like an Autumn leaf, and summer just started (g). Zeev Message 17680492 George, that is what I meant indeed with th "shaking", and Hayes and I agree on that one. We have disagreed in the past, as you know. (g). On the other hand, the market so far is following the script to a "t", including the retest ajtj and I were discussing over the weekend (or was it Friday?), and even if we open sharply lower tomorrow (and I have a number of OB's under the market), I think that in three weeks we will all breathe much easier, and just as we start and feel good, they ill hit us again... (g). zeev Message 17680607

To: Frederick Langford who wrote (19879)	7/2/2002 1:41:40 AM
From: Susan G	Read Replies (1) \| Respond to of 26752

I'm wading through it now <g> It's happened before, just when everything looks the worst, we rally like hell and do a sharp reversal on important support. It often starts with stealth futures buying in the wee hours. Normally when the indexes look about to rollover and die <g> The PPT at it's finest. Unfortunately, each time they've done it since January, we've gone lower. But I have a feeling the short interest in this market could keep a reversal going for a while once the ball gets rolling... Now that even grandmothers and hairdressers have learned how to short and are doing it like mad <g>, the general public is usually wrong at the turns... I still think we have not even come close to capitulation by the public, I think most of the heavy distribution I see on the charts is big boys. It's not J6P dumping blocks on huge volume <G> JNJ was the "darling" just a few months ago. Now it's chart is ugly as hell and it hit 52 week lows. And it just hit 52 week highs and was the analysts favorite pick... I overheard a lot of stock conversation this weekend, and they are ALL waiting for their techs and company stocks to come back. Disgusted, but still waiting. And what was amazing, is they all seemed to truly believe they WILL get back to 2000 and 2001 prices.