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To: jaker who wrote (8454)	9/8/2008 12:28:14 PM
From: rayrohn	Respond to of 41419

I am a little late to the game this morning .... as many people that are bearish it seem like a must to fill the morning gap with all this PM bullishness 30 minute Q and Qid charts it is possible that we have a short term bottom in here but that's a guess on my part lol

To: jaker who wrote (8454)	9/8/2008 12:34:19 PM
From: hawkeyefan	Read Replies (1) \| Respond to of 41419

Last week or this week is an eight week cycle low. I had it last week but it could have went to today. Today was supposed to be an eight day cycle low. Today is also a FIB on a few counts. I am long from last week. Should have sold this morning and reloaded but didn't. I am long UYG, FXI, SSO, TSCO, EWH, a little QLD, and a couple of other small stocks. Also have some UWM. I think it is a cycle low, unless we break hard.

To: jaker who wrote (8454)	9/8/2008 10:27:55 PM
From: robert b furman	Respond to of 41419

Hi J, Good call. Tech really underperformed with a last minute recovery that painted the close as weak at best. I think the final shakeout has more to go in tech land. The only thing that can save it is either good earnings ( I think it will still lag generally with specific story stocks that will be rare,but a growing backlog and forward guidance is all that is needed. Growth in a market that is declining, is all that is needed. 1998 - deja vu. Bob