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To: Ron McKinnon who wrote (49827)	11/18/2003 3:09:33 PM
From: Ron McKinnon	Read Replies (1) \| Respond to of 53068

Back in the Red 11/18/03 02:54 PM ET The lack of forward progress for most of the day finally was too much to handle for the nervous bulls. Selling has picked up, and we have once again cracked the 1900 level on the Nasdaq. Breadth is now solidly negative, and all the major sectors are in the red. It's pretty clear that the weak dollar is the culprit for the weak action. A wide variety of ramifications occur as the dollar weakens. For example, crude oil has moved sharply higher, partly because of the weak dollar. Crude has breached the $33 level. In this sort of market, you have to make sure you stay disciplined and don't let losing positions get out of hand. Watch those stops carefully. You can always rebuy a stock, but you can only sell it once. On the other hand, if you have positions that are acting well, don't sell them simply because of concerns about the macro market environment. Stocks that are holding well now are most likely to be the best performers when things turn