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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (20459)	5/26/1999 5:18:00 PM
From: Michael Rich	Read Replies (2) \| Respond to of 34809

I agree. Jer, be careful with the shorting idea. I consider the big 5 of DOT stocks un-shortable no matter how broken they are. One don't get rich by shorting the local tops of the likes of MSFT/CCO/DELL/INTC the last few years. I consider the big DOT stocks in the same category for years to come. I do expect a lot volatilities.

To: Judy who wrote (20459)	5/26/1999 5:31:00 PM
From: Jerry Olson	Respond to of 34809

Sweets..as i was saying to Mikey..i have a good game plan i'm going to follow...i'm short term oriented right here.. so i'll letthem runnup, and play the nets i chose that are technically broken down...to buy puts...sell calls... i already know there's more downside, albeit not too much...that's where they will consolidate from...sorta like double bottoms...when they hit bottom...their not there yet... also a very important indicator of the net index is nearing it's low, or overbought area at 30% ill get the bounce, then the test, then the explosion to all time new highs... i'll continue to accumulate when i think it's prudent, which will be when all my indicators turn up, and the next panic sell happens... and it will....