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To: Perspective who wrote (70421)	4/4/2003 1:57:37 PM
From: jjstingray	Read Replies (1) \| Respond to of 209892

Bob, I think your point is a good one. But don't make it more difficult than it needs to be. Trade the setups until they change. Currently the C up scenario looks good. If the indexes fall below thelow from this week, then the scenario is toast. I think anything below 1030 or so on the NDX and that scenario is gone and it is a signal to go short. Here is another bit of information I follow that leads me to believe we go higher. AJ always talks about this indicator getting within 5% of the Bollinger Bands is significant. It usually signals a rally when those BB's are pierced as shown here. stockcharts.com[h,a]daclyyay[dc][pc10!d20,2!f][vc60][ilb14!la12,26,9!ld20!lp14,3,3!lk14][J9854748,Y]&pref=G

To: Perspective who wrote (70421)	4/4/2003 2:05:31 PM
From: GrillSgt	Respond to of 209892

Message 18797940

To: Perspective who wrote (70421)	4/4/2003 2:55:49 PM
From: reaper	Read Replies (1) \| Respond to of 209892

well, i don't know if everybody is long, but it seems like many are. i am even modestly net long (short a bunch of individual names; long QQQ and SPY plus a couple stocks to try to be at least modesly close to market neutral) as i respect the "Big C". i just think the "Naz rallies 100 on Saddam death / capture" is too simple and pat. there are very few people who think Saddam is alive right now, and those who do think he's still breathing think he'll be captured inside of a fortnight. since the market always does what we least expect it to do, a gap and crap into Precter's epicenter wave upon the 'end' of the 'war' would surprise the most people. meanwhile, carp like Cerner, Affy and Ruby keep blowing up every day, so there's no shortage of opportunity on the short side.... Cheers