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To: AllansAlias who wrote (50361)	8/16/2002 12:33:34 PM
From: yard_man	Read Replies (2) \| Respond to of 209892

nobody likes the PPT theories, but I think these guys can see "money drawn out" and know that some needs to come back in or the whole ball of wax is toast. discussed this with patron a couple of weeks back -- he says no buys unless flows support it -- I think at some pt they buy and hope money comes back in. I think we may be seeing that now.

To: AllansAlias who wrote (50361)	8/16/2002 12:35:23 PM
From: Paul Shread	Read Replies (1) \| Respond to of 209892

I covered my QQQ short for a 7 cent gain, and was damn happy to get it. Okay, we can tank now. -g- May reshort if we retest the highs.

To: AllansAlias who wrote (50361)	8/16/2002 1:01:57 PM
From: Paul Shread	Read Replies (2) \| Respond to of 209892

>>the main thing that bothers me in this entire mess is the continuing outflows in MFs<< Agreed. Very bullish in an uptrend. I was wondering if the same thing happened in the September 1998 rally - could confirm your deep retracement in non-tech, new lows in tech theory.