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To: The Freep who wrote (50949)	8/22/2002 9:42:27 AM
From: The Freep	Read Replies (1) \| Respond to of 209892

08:19 ET CSFB lowers equity weighting : CSFB reduces their asset allocation equity weighting to 62% from 65% and adds those funds to cash; move is based on the belief that two-thirds of the capitulation rally is now behind us and and that equities ought to trough on cheap-- as opposed to neutral-- valuations to compensate for economic cycle and funds flow risk; asset allocation is now 62% equities, 31% bonds, 7% cash. the freep, totally confused cuz he thought "the Street" would only lower weightings at the bottom <g>

To: The Freep who wrote (50949)	8/22/2002 9:42:39 AM
From: AllansAlias	Respond to of 209892

BTK still holding what looks like a good wedge. I think it's a 50% deal here that it drops out or drives to the top. MSFT jumped over some nasty business. How very interesting that at a big intersection of resistance we get a gap up. As for SOX weakness, well, it could fall anywhere around 340-350 and look like it's completing a simple flat '4' to go with the sharp correction at 8/14.