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To: NOW who wrote (72272)	4/27/2003 10:10:01 PM
From: ajtj99	Respond to of 209892

China has the means to crack down if they need to. You should see how they shut down Shanghai when Bush was there in October 2001. I saw it. It was impressive. I had to go through road blocks and metal detectors, and they sent everyone in the city away on vacation, closed down the air space, etc., etc. Nobody from out of town could come in. They shut down the port. They can get downright authoritarian if they need to. (some would think that's a redundant statement, but I assure you it isn't.)

To: NOW who wrote (72272)	4/27/2003 11:45:47 PM
From: bcrafty	Read Replies (2) \| Respond to of 209892

Should we be following the big herd? From thestreet.com tonight "Valu-Trac. This institutional investment analysis model has rated all major indexes "Avoid" for the past three years. Late last week it turned tentatively bullish on U.S. equities, as it determined for the first time since the spring of 2002 that price momentum in the S&P 500 had stopped falling. "The noteworthy positive turn does suggest a base is being built and that the primary bear market may finally be coming to an end," said Erik Hess, analyst at International Strategy and Investment, who studies the system. Lowry's. The nation's oldest institutional technical analysis service told subscribers on March 17 that the bear market appeared to have come to an end. It has since stuck with that view through several steep pullbacks. Its "selling pressure" index has declined to 10-month lows, suggesting that the amount of stock offered for sale has been steadily declining, while its "buying pressure" index has risen to new rally highs. "This shows that investors are not willing to part with their stocks at current price levels, forcing buyers to bid up prices to complete their trades," the service said in a recent report. Lowry's, which had been emphatically negative prior to mid-March, now considers the U.S. equity markets to be in a "primary buying zone," a period of increasing demand and diminishing supply that generally yields a low-risk time to accumulate stocks. John Hussman . One of the few growth fund managers to post double-digit gains in the past three years due to a bearish point of view, Hussman said in his weekly report to shareholders Sunday that he sees a good chance for a "full-featured shift in trend uniformity" in the weeks ahead. Hussman, whose Strategic Growth Fund has more than $400 million in assets, judges market climates by their valuation and trend. He continues to think stocks are overvalued, but he now thinks that for the first time since Sept. 1, 2000, stocks have a shot at going up in unison. He told shareholders that he had begun to remove hedges, or derivative bets against the market, to preserve capital. In prior bear market rallies, he said he'd removed 20% to 40% of hedges; this time he plans to remove 60% of his hedges."