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To: MythMan who wrote (189834)	8/28/2002 4:15:37 PM
From: yard_man	Respond to of 436258

bears are scared to death -- after the carp that was pulled recently do you blame them?

To: MythMan who wrote (189834)	8/28/2002 4:35:28 PM
From: stan_hughes	Read Replies (1) \| Respond to of 436258

I know most of you people think that TA is voodoo and chart chasers are clowns, but FWIW, today's decline in the SPX dropped us out of that wedge they've all been talking about, depending on where you measure it. One more down day and any argument about whether it's toast will be moot. We also experienced a drop back below the MA50 today. This will be seen as a major failure in voodoo land if it's confirmed by another close or two underneath that line. A few of the momo indicators are also looking ill here -- we are very near High Noon for the longs. Once the wedge failure is confirmed, most will be of the view that the pattern has morphed into a bear flag, with an accompanying increased confidence that we're going bigtime lower the minute we exit the bottom of said flag. A rough eyeball of where that exit point might be is about SPX 875 if it's reached in the next week or so. Slice through there to the downside with any degree of authority and you'll be hearing lots of calls for SPX 675 as a completion target. Voodoo or not, if enough people act on these signals they can actually make it happen just on the strength of the conviction and make it a self-fulfilling prophecy.

To: MythMan who wrote (189834)	8/28/2002 5:03:35 PM
From: reaper	Read Replies (1) \| Respond to of 436258

well, at least the LAWYERS at Ford are busy... City Says Ford Police Cars Unsafe siliconinvestor.com By M.R. KROPKO 08/28/2002 15:16:37 EST CLEVELAND (AP) - The city filed a class-action lawsuit in federal court Wednesday on behalf of law enforcement agencies across Ohio that accuses Ford Motor Co. of selling unsafe police cars. U.S. regulators upgrade Ford Focus air bag probe Wednesday August 28, 4:46 pm ET biz.yahoo.com By Justin Hyde DETROIT, Aug 28 (Reuters) - U.S. vehicle safety regulators have intensified another investigation into reported defects involving Ford Motor Co.'s(NYSE:F - News) Focus compact car, citing 130 complaints of burn injuries from Focus air bags. Threat of Ford lawsuit shutters job-cut Web site Tuesday August 27, 6:30 pm ET biz.yahoo.com By Adam Pasick (Recasts, adds detail) NEW YORK, Aug 27 (Reuters) - For Ford Motor Co (NYSE:F - News), shutting down a Web site that posted rumors on corporate layoffs was job one.

To: MythMan who wrote (189834)	8/28/2002 9:26:59 PM
From: robnhood	Read Replies (1) \| Respond to of 436258

That's right Myth----- When the market drops we get no serious selling in most issues. . Mostly quote changes. In fact I see lots of sneaky bargain hunting should the odd long cave in. Doesn't exactly make me bullish, but the longs are still much too afraid that they are dumping at the bottom so "wisened up", they are sitting on their hands. The bears who aren't afraid to short stocks are also antsy, knowing full well that they need frightened longs for real sell downs. JMHO Leave your stink bids in. You will get filled. Ho ho ho