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To: reaper who wrote (51735)	8/29/2002 1:49:16 PM
From: Paul Shread	Respond to of 209892

Don't really have a fell for them, reaper. NKE looks like it gapped down out of a flag on FINL and FTS warnings and could be headed lower. Cost is at the bottom of a month-long trading range and would look ugly if it goes much below 32 (eyeballing). FDS is tricky - near the top of a down channel from April.

To: reaper who wrote (51735)	8/29/2002 8:58:36 PM
From: The Freep	Respond to of 209892

Hey, reap -- I had been watching NKE awhile back as a short, but I "just didn't do it" cuz I moved on to others. Looking at it again on the weekly, back in July it busted down out of the 15 month long up channel that I'd been watching. Drat. And at the end of July, it went back up and tested the channel line from below. Since then I see it bounced at 40.50 -- a double bottom within pennies of the Sept 2001, low. Sweet. I could see some jelloing here, but it looks to me like that's a stock pointed downwards from here. In fact, check with an e-waver nearer you, but I wonder if it isn't getting ready for a 5 down if it does do a jello-flat for a week or two more. You obviously don't like the FA, either, plus you get the great moral position of "they (once?) dealt with sweatshops." <g> And won't they lose money on a baseball strike? Sure. Everyone will! (NOTE: if there is no strike, do we get a rally tomorrow?) the freeeeeeep