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To: Ray Rueb who wrote (31193)	9/24/2002 7:23:31 PM
From: Ray Rueb	Respond to of 118717

Where is the bottom? Right now, I don't know. But I suspect... I suspect... we are due for a minor rise (1st week of October) HEAD FAKE! I suspect... the 3rd week of October will result in steep declines from individuals selling mutual fund shares in response to the "sticker-shock" of the quarterly account reports they receive. see Message 18030009 I suspect... my charts will come into convergence and many will signal BUY: i.e. DIA, QQQ and many individual stock MACD charts will be past the "Bottoming Waveform" and into their second day of uptrend. This may seem hard to believe, but it happened at the end of July, and I'm expecting it sometime in late October. The BUY signals will follow COVER signals occurring about a week earlier. I suspect... good companies will be real bargains. ...I guess QLGC to hit intraday low of at least 18. Actually, 17.40 would make a neat 2 year "triple bottom" (when you include 2001 charts). ...I guess MSFT to hit at least 41 in a 2 year "triple bottom". Why only 41 when the current stock price is 45? I dunno. It should be lower given my sentiments about the market, but maybe their cash will prevail as king. If it blows through 41, then 31 for a 6 year low. ...I guess AMGN should hit at least 31. ...I guess INTC might hit 6 year lows at 10.5. All these guesses are just catching a falling knife type stuff. You all be careful out there Ray