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To: Johnny Canuck who wrote (37956)	8/7/2002 2:58:07 AM
From: Johnny Canuck	of 49820

[madtrader] Tue Aug 6, 5:06pm PDT BBH Looking like a bull flag is forming on daily charts. Unless it can trade above last week's highs, it would be a bit pre-mature to get too excited. none. [madtrader] Tue Aug 6, 4:15pm PDT $DJI $COMPX Tomorrow will be a very interesting day. We have a bunch of "confusing" setup here today. Around the intraday peak today, both DJI and COMPX moved up to their 50% retracement level (July 31st high to yesterday's lows). Then we had a sharp selling off from intraday peaks, retracing 38% of the move from yesterday's low to today's high. This kind of move isn't all that uncommon. However, depending on how things pan out tomrrow, one can look at today's moves both ways. Recent rallies have been good short entries. Unless we can move higher than today's intraday high tomorrow, or start to establish some sort of trading range, today's peak would be a clear lower high. Of course, if CSCO can indeed ignite things (as after hours trades indicates), all of my concerns will be moot. none. Register for our newsletter [madtrader] Tue Aug 6, 2:17pm PDT volume Well, I guess I can't really count this as a follow through day. Maybe tomorrow. Although COMPX did go up with higher volume than yesterday, but it is still quite a bit below the 50 DMA. The DOW did move up with higher volume as well, but it came in just shy of 50 DMA. So, it is really unresolved. The CSCO earnings report is givng afterhours trades a lift, but I have no idea how much of this move gets translated into tomorrow's action. none. [madtrader] Tue Aug 6, 12:46pm PDT DIA QQQ Okay, this is fast and furious on the sell side. I got stopped out all of my remaining longs when COMPX traded below 1265. So I am back on the sidelines again. sold QQQ,DIA. [madtrader] Tue Aug 6, 12:33pm PDT DIA QQQ The TRIN readings on NASDAQ got down to 0.195, about as overbought as you can get intraday. Momentum sliding a bit as well. Added CSCO's earnings, I guess I will play chicken and lock in some gains here. sold 2/3 of QQQ and DIA longs. [madtrader] Tue Aug 6, 11:54am PDT $DJI $COMPX Starting a new leg up here on intraday moves. Since COMPX cleared 1260, the next pause level should be around 1300. DJI should go for 8500 still. I am still holding onto all of my longs. Depending on how momentum pans out, I will probably start to trim my position if and when they get to those levels. none. [madtrader] Tue Aug 6, 10:57am PDT Market Just trying to sort out strength and weakness out there. As I expected, the strength is concentrated mostly around DJI type names. Before you say what! Let me lay my points out there. Sure, SOX and COMPX is having a bigger percentage move up right now. But the key isn't about percentage change from a lower level, but to see how much of lost ground a stock can recapture. COMPX, SOX and NDX are all stuck near their 38% retracement level (the down move from July 30th to yesterday's lows). While OEX,DJI have moved to their 50% retracement level. Most telling is BKX, it has already moved back to it's 62% retracement level. Based on these observations, I would still expect the financials to lead the way while semis lag. none. [RumorDude] Tue Aug 6, 9:37am PDT $VIX.X While this could be the start of a major reversal in the vix's rise (which of course would be good for the equity markets), the uptrend channel is still in tact here as shown by this chart. One other interesting thing to note abou the major indexes is that this bounce is most certainly not RSI oversold inspired: it hadn't crossed the "30" trigger point many people use for determination of oversoldness. That makes todays move much more compelling to me. none [RumorDude] Tue Aug 6, 9:32am PDT $SPX.X Well, not nearly as nice as the ~13 it was last night, but unbelievably still a 70% gain at ~5. I'll take these off the table at least for now until I see clear direction one way or another. Sell to close Aug 800 $SPX.X puts. [madtrader] Tue Aug 6, 9:01am PDT Volume Both DJI and COMPX is on pace to exeed yesterday's volume. This is another step in the positive direction. I wasn't all that concerned about the decline last week, for that matter, I was happy to see shrinking volume coupled with the decline. I believe for those who are looking for a retest of sorts, or double bottom (at least for COMPX), you could not have asked for a better combination. High VIX, high volume with the initial bounce, then pull back with thin volume. If the rally holds up until the close, then this should be considered as a follow through day. none. [RumorDude] Tue Aug 6, 8:38am PDT $DJX.X Intraday (5 min) shows a double top and it's rounding over. Watch for the 9/18 tick MA crossover to confirm/deny retreat none [madtrader] Tue Aug 6, 8:14am PDT $DXC I have been suggesting for the last few days that the Dollar should act as a leading indicator, of course it has been behaving much better than stocks. I have also been talking about the importance of breaking the key resistance level of 108. Well, it did just that with a great deal of conviction today. 108 not only worked as a resistance level for the past month, it is also the 25% Fibonacci retracement level for the extended down move from Feb peaks to July lows. The move today also allowed the Dollar to move above the long downward regression channel (Feb to July moves). This is hugely important if you follow stocks. The Dollar peaked ahead of equities in Feb, it also has bottomed ahead of stocks. none. [madtrader] Tue Aug 6, 7:15am PDT $DJI $COMPX So far so good with the breakout of the falling wedge I mentioned yesterday. If you are a swing or day trader, watch for overhead resistance ahead. DJI has resistance around 8500, while COMPX needs to clear 1260. none. [madtrader] Tue Aug 6, 6:26am PDT $DJI $COMPX Since DJI broke above 8100, COMPX broke above 1250; both areas I suggested yesterday as reversal triggers. I am long here. long QQQ, DIA.

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To: Johnny Canuck who wrote (37957)	8/8/2002 3:46:24 AM
From: Johnny Canuck	of 49820

Closing Aug 7,2002 Dow 8,456.15 +182.06 (+2.20%) Nasdaq 1,280.90 +21.35 (+1.70%) S&P 500 876.77 +17.20 (+2.00%) 10-Yr Bond 4.292% -0.077 NYSE Volume 1,473,807,000 Nasdaq Volume 1,578,562,000 EQUITY OPTION TOTAL EQUITY CALL VOLUME : 417616 TOTAL EQUITY PUT VOLUME : 269453 TOTAL VOLUME : 687069 EPC=0.65 Symbol Last Trade Change (Mkt) Volume Bid Ask Avg Vol Day's Range 52-wk Range P/E COMPUTER No such ticker symbol. Try Symbol Lookup (Look up: COMPUTER) AAPL Aug 7 15.032 +0.18 +1.22% 5,963,591 14.85 14.97 5,945,272 14.35 - 15.36 13.80 - 26.17 30.45 DELL Aug 7 24.63 +0.339 +1.39% 19,369,502 24.60 24.66 25,398,909 23.85 - 24.97 16.01 - 30.52 53.61 GTW Aug 7 3.90 +0.38 +10.80% 1,234,400 N/A N/A 1,121,727 3.56 - 3.90 3.08 - 11.50 N/A HPQ Aug 7 12.92 +0.45 +3.56% 10,418,200 N/A N/A 11,911,227 12.20 - 13.27 10.75 - 25.46 27.87 IBM Aug 7 69.17 +1.42 +2.10% 8,037,300 N/A N/A 8,603,954 66.80 - 69.68 65.70 - 126.39 21.89 LXK Aug 7 47.36 +0.61 +1.30% 868,700 N/A N/A 1,521,454 45.20 - 47.85 41.20 - 65.23 23.68 INTC Aug 7 17.72 +0.62 +3.62% 71,509,280 17.73 17.76 54,537,863 16.63 - 18.15 15.82 - 36.78 61.21 AMD Aug 7 8.60 +0.36 +4.33% 4,917,000 N/A N/A 5,629,772 8.20 - 8.94 7.01 - 20.60 N/A SUNW Aug 7 3.82 +0.06 +1.59% 55,755,768 3.84 3.86 74,535,090 3.73 - 4.03 3.50 - 17.96 N/A E-GAMER No such ticker symbol. Try Symbol Lookup (Look up: E-GAMER) AKLM Aug 7 2.00 +0.20 +11.11% 2,657,551 2.01 2.05 1,471,227 1.90 - 2.03 1.66 - 6.25 6.67 ATVI Aug 7 27.98 +0.77 +2.83% 1,172,933 27.25 28.10 1,997,681 27.10 - 28.09 15.0733 - 35.10 23.50 EIDSY Aug 7 1.49 +0.04 +2.76% 7,300 1.07 2,000.00 12,227 1.44 - 1.49 1.10 - 4.07 N/A THQI Aug 7 23.65 -0.05 -0.21% 783,575 22.91 24.64 1,172,136 22.70 - 24.62 18.37 - 43.40 21.65 ERTS Aug 7 59.91 +1.21 +2.06% 4,818,771 59.80 60.10 3,711,545 57.88 - 60.20 40.99 - 66.979 53.92 NVDA Aug 7 8.848 -0.22 -2.43% 7,475,230 8.80 8.87 10,938,590 8.50 - 9.54 8.49 - 72.66 6.54 ATYT Aug 7 5.89 -0.06 -1.01% 589,317 5.70 6.55 1,578,136 5.72 - 6.19 5.24 - 15.65 N/A TTWO Aug 7 21.18 +1.30 +6.50% 691,884 20.75 21.50 1,023,136 20.45 - 21.39 6.44 - 27.05 20.09 FINANCIALS No such ticker symbol. Try Symbol Lookup (Look up: FINANCIALS) AXP Aug 7 33.07 +1.07 +3.34% 6,198,000 N/A N/A 5,625,590 32.16 - 33.28 24.20 - 44.91 23.29 BAC Aug 7 65.25 +1.52 +2.39% 6,575,200 N/A N/A 6,954,090 63.96 - 65.10 50.25 - 77.09 15.03 BK Aug 7 30.88 +0.23 +0.75% 3,120,000 N/A N/A 2,852,136 30.50 - 31.75 26.61 - 46.50 17.45 C Aug 7 31.52 +2.302 +7.57% 19,918,700 N/A N/A 21,603,318 30.40 - 31.75 24.48 - 52.20 10.58 LEH Aug 7 54.09 +0.43 +0.80% 2,043,900 N/A N/A 2,592,909 52.65 - 54.70 43.50 - 73.04 14.70 MWD Aug 7 38.39 +0.33 +0.87% 4,822,900 N/A N/A 5,613,181 37.28 - 39.38 33.50 - 62.86 13.19 ONE Aug 7 37.52 +0.77 +2.10% 4,557,600 N/A N/A 3,867,727 36.62 - 37.63 27.00 - 42.88 14.66 SCH Aug 7 7.83 +0.16 +2.09% 4,615,600 N/A N/A 5,056,227 7.51 - 7.91 7.51 - 19.00 55.93 LEH Aug 7 54.09 +0.43 +0.80% 2,043,900 N/A N/A 2,592,909 52.65 - 54.70 43.50 - 73.04 14.70 JPM Aug 7 24.04 +1.00 +4.23% 10,715,900 N/A N/A 8,141,090 23.18 - 24.55 18.22 - 43.57 23.93 WIRELESS No such ticker symbol. Try Symbol Lookup (Look up: WIRELESS) QCOM Aug 7 25.01 -0.01 -0.04% 15,466,218 25.03 25.15 16,419,772 23.36 - 26.00 23.21 - 68.87 N/A RFMD Aug 7 5.55 +0.12 +2.19% 3,323,619 5.51 5.59 6,801,000 5.30 - 5.90 5.159 - 30.40 93.17 NOK Aug 7 11.25 +0.08 +0.71% 17,885,200 N/A N/A 12,362,272 10.93 - 11.97 10.51 - 27.06 23.18 ERICY Aug 7 0.81 +0.061 +8.13% 12,199,509 0.81 0.83 16,534,000 0.77 - 0.83 0.72 - 6.24 N/A PWAV Aug 7 6.46 +0.68 +11.43% 1,444,110 6.28 6.79 1,743,136 6.05 - 6.64 5.38 - 21.30 N/A KOPN Aug 7 6.29 -0.219 -3.43% 642,021 6.07 6.85 605,227 5.88 - 6.679 5.30 - 19.05 N/A TQNT Aug 7 6.12 +0.35 +5.94% 1,073,524 5.66 6.54 1,539,863 5.61 - 6.27 5.52 - 24.48 N/A CMVT Aug 7 7.83 +0.34 +4.44% 2,281,046 7.75 8.10 3,187,727 7.50 - 7.95 7.49 - 30.98 N/A OPWV Aug 7 1.30 -0.01 -0.76% 2,358,351 1.20 1.31 3,044,909 1.18 - 1.45 0.86 - 25.97 N/A DSPG Aug 7 15.79 +0.09 +0.57% 220,819 15.00 16.29 242,772 15.26 - 16.29 15.09 - 26.48 32.22 TELECOM-EQUIP No such ticker symbol. Try Symbol Lookup (Look up: TELECOM-EQUIP) ADCT Aug 7 1.76 +0.071 +4.25% 6,340,871 1.68 1.72 5,775,727 1.53 - 1.77 1.53 - 5.97 N/A ADTN Aug 7 18.80 +0.26 +1.40% 232,331 17.96 19.62 244,045 18.32 - 19.25 16.39 - 29.75 40.00 ALA Aug 7 4.60 -0.11 -2.34% 689,900 N/A N/A 1,514,545 4.38 - N/A 4.25 - 20.18 N/A AVCI Aug 7 0.87 +0.01 +1.16% 84,800 0.83 0.90 337,363 0.87 - 0.90 0.81 - 5.25 N/A CIEN Aug 7 4.09 +0.02 +0.50% 5,767,871 4.00 4.05 8,891,045 3.73 - 4.35 3.38 - 35.47 N/A CORV Aug 7 0.62 +0.041 +7.45% 2,099,919 0.59 0.63 1,993,727 0.55 - 0.64 0.51 - 3.90 N/A DIGL Aug 7 1.42 -0.02 -1.38% 54,808 1.43 1.50 224,136 1.41 - 1.52 1.20 - 18.95 N/A DITC Aug 7 1.74 -0.159 -9.19% 74,200 1.53 1.86 196,545 1.71 - 1.85 1.70 - 6.80 N/A DSPG Aug 7 15.79 +0.09 +0.57% 220,819 15.00 16.29 242,772 15.26 - 16.29 15.09 - 26.48 32.22 FIBR Aug 7 0.72 +0.049 +7.31% 30,698 0.65 0.73 182,318 0.66 - 0.72 0.61 - 8.35 N/A LU Aug 7 1.46 -0.11 -6.88% 42,012,600 N/A N/A 32,829,909 1.39 - 1.67 1.31 - 8.75 N/A MRVC Aug 7 1.22 0.00 0.00% 186,180 1.15 1.23 376,000 1.15 - 1.25 0.95 - 6.83 N/A NT Aug 7 0.96 0.00 0.00% 13,780,000 N/A N/A 37,767,545 0.94 - 1.02 0.76 - 9.05 N/A ONIS No such ticker symbol. Try Symbol Lookup (Look up: ONIS) RSTN Aug 7 1.19 -0.10 -8.33% 1,023,521 1.15 1.26 1,496,681 1.16 - 1.33 1.15 - 21.10 N/A SONS Aug 7 0.77 +0.05 +6.85% 3,784,807 0.72 0.75 2,145,863 0.69 - 0.78 0.68 - 24.30 N/A TELM Aug 7 0.48 +0.01 +2.13% 188,024 0.45 0.50 1,006,409 0.45 - 0.4801 0.45 - 13.74 N/A TLAB Aug 7 5.89 +0.72 +13.66% 4,458,324 5.82 5.99 4,720,090 5.30 - 5.95 4.57 - 18.279 N/A SCMR Aug 7 2.90 +0.01 +0.35% 1,095,940 2.91 2.99 1,107,681 2.82 - 3.02 2.65 - 7.49 N/A TXCC Aug 7 0.79 -0.03 -3.66% 520,555 0.77 0.82 1,530,772 0.76 - 0.86 0.55 - 10.20 N/A TELECOM-CONSTRUCT No such ticker symbol. Try Symbol Lookup (Look up: TELECOM-CONSTRUCT) DY Aug 7 9.30 +0.08 +0.87% 273,400 N/A N/A 302,909 9.00 - 9.52 8.25 - 20.60 11.77 MTZ Aug 7 4.12 +0.02 +0.49% 68,800 N/A N/A 125,954 4.05 - 4.25 3.68 - 13.70 N/A UTSI Aug 7 16.21 +0.49 +3.06% 489,519 15.90 16.40 1,032,000 15.40 - 16.49 12.98 - 35.66 28.45 WFII Aug 7 4.65 +0.75 +16.48% 53,316 5.30 5.48 118,000 4.51 - 4.65 3.50 - 10.49 N/A CARRIERS No such ticker symbol. Try Symbol Lookup (Look up: CARRIERS) ATI Aug 7 9.07 +0.02 +0.22% 367,600 N/A N/A 265,272 8.72 - 9.19 8.67 - 19.80 N/A BLS Aug 7 23.97 -0.54 -2.20% 8,573,700 N/A N/A 4,916,227 23.25 - 25.24 20.10 - 42.95 47.00 WCOM Ticker symbol has changed to: WCOME Q Aug 7 1.20 -0.01 -0.74% 43,512,500 N/A N/A 16,558,409 1.07 - 1.35 1.07 - 26.08 N/A NXTL Aug 7 5.25 +0.36 +7.35% 28,985,684 5.26 5.30 19,034,227 4.96 - 5.42 2.50 - 16.33 N/A T Aug 7 9.31 0.00 0.00% 10,939,100 N/A N/A 20,184,000 9.07 - 9.59 8.20 - 20.64 N/A NETWORKERS No such ticker symbol. Try Symbol Lookup (Look up: NETWORKERS) CSCO Aug 7 12.99 +0.801 +6.64% 166,124,688 12.89 12.90 67,996,954 12.52 - 13.45 11.04 - 21.92 51.48 JNPR Aug 7 7.31 -0.181 -2.42% 16,611,024 7.27 7.30 13,385,454 7.10 - 8.11 4.70 - 27.84 N/A EXTR Aug 7 9.40 +0.22 +2.39% 4,576,977 9.42 9.50 4,138,181 8.91 - 10.04 5.85 - 30.00 N/A FDRY Aug 7 7.94 +0.23 +3.01% 4,608,139 7.84 7.94 1,775,136 7.60 - 8.40 4.74 - 20.65 N/A MRVL Aug 7 15.78 +0.18 +1.15% 5,078,047 15.60 16.00 3,584,954 14.90 - 17.15 12.51 - 46.24 N/A LNOP Aug 7 7.23 -0.28 -3.73% 17,300 6.64 2,000.00 155,863 7.15 - 7.56 2.70 - 16.45 N/A CHIPS-EQUIP No such ticker symbol. Try Symbol Lookup (Look up: CHIPS-EQUIP) AMAT Aug 7 13.56 +0.03 +0.22% 29,911,820 13.55 13.59 30,027,818 12.76 - 14.33 12.58 - 27.95 1,359.00 ASYS Aug 7 4.002 -0.099 -2.41% 3,400 3.50 4.30 6,909 4.002 - 4.37 3.65 - 8.95 7.70 NVLS Aug 7 26.002 +0.63 +2.46% 11,027,534 26.05 26.19 9,584,681 24.78 - 27.40 22.85 - 54.48 1,309.50 LRCX Aug 7 11.73 -0.26 -2.17% 2,148,563 11.60 11.71 2,673,363 11.22 - 12.61 11.02 - 30.40 N/A KLAC Aug 7 36.89 -0.579 -1.56% 18,393,598 36.55 36.89 13,863,863 35.00 - 38.782 28.61 - 70.58 33.27 KLIC Aug 7 5.24 -0.22 -4.04% 1,570,777 4.75 5.41 1,156,545 4.85 - 5.69 4.85 - 21.67 N/A NVLS Aug 7 26.002 +0.63 +2.46% 11,027,534 26.05 26.19 9,584,681 24.78 - 27.40 22.85 - 54.48 1,309.50 SLAB Aug 7 23.30 +0.484 +2.11% 1,104,068 22.00 23.55 1,107,409 21.90 - 24.40 10.23 - 41.24 N/A MU Aug 7 18.69 +0.38 +2.08% 9,826,900 N/A N/A 8,177,409 17.22 - 19.10 16.00 - 42.45 N/A TER Aug 7 14.24 +0.25 +1.79% 3,188,400 N/A N/A 3,258,727 13.35 - 14.78 12.78 - 40.20 N/A VECO Aug 7 13.21 +0.29 +2.24% 626,611 12.03 14.04 764,227 12.30 - 13.60 12.30 - 41.46 N/A CHIPS No such ticker symbol. Try Symbol Lookup (Look up: CHIPS) AMCC Aug 7 4.67 -0.13 -2.77% 3,203,570 4.60 4.67 6,418,863 4.51 - 4.905 3.90 - 19.26 N/A AMKR Aug 7 3.17 +0.22 +7.91% 3,009,701 3.01 3.30 1,711,045 2.70 - 3.21 2.59 - 24.79 N/A BRCM Aug 7 17.42 +0.31 +1.81% 16,967,542 17.43 17.48 12,481,545 16.29 - 18.535 14.696 - 53.35 N/A CREE Aug 7 14.17 -1.21 -8.22% 2,973,738 13.50 14.16 1,586,863 13.44 - 15.45 10.35 - 33.32 N/A CCMP Aug 7 40.07 +0.76 +1.94% 1,174,960 39.24 40.40 1,397,954 38.50 - 41.14 31.81 - 87.46 25.64 EMKR Aug 7 2.90 -0.031 -1.06% 245,700 2.80 3.89 165,000 2.69 - 3.12 2.68 - 25.26 N/A MSCC Aug 7 5.30 +0.169 +3.28% 258,889 5.00 5.55 826,090 5.19 - 5.55 4.66 - 40.10 14.80 PMCS Aug 7 7.94 -0.76 -8.93% 10,346,982 7.80 7.90 6,533,681 7.69 - 9.15 7.57 - 38.764 N/A RMBS Aug 7 4.85 0.00 0.00% 366,037 4.75 5.10 963,272 4.65 - 5.151 3.08 - 12.23 20.21 VTSS Aug 7 1.91 -0.38 -16.52% 6,433,468 1.95 1.96 3,839,000 1.89 - 2.50 1.89 - 21.67 N/A MCHP Aug 7 20.21 -0.21 -1.04% 3,479,392 19.52 20.44 3,594,681 19.10 - 21.497 15.90 - 33.99 44.27 ALTR Aug 7 11.14 +0.67 +6.02% 10,436,511 10.92 11.10 9,585,727 10.70 - 11.95 10.19 - 32.16 168.57 XLNX Aug 7 17.26 -0.50 -2.94% 9,439,922 17.00 17.27 11,525,045 16.20 - 18.26 15.77 - 47.159 N/A OPTICAL No such ticker symbol. Try Symbol Lookup (Look up: OPTICAL) AVNX Aug 7 2.39 -0.04 -1.62% 311,001 2.22 2.43 352,454 2.39 - 2.54 1.57 - 9.40 N/A JDSU Aug 7 2.47 +0.18 +7.59% 26,630,208 2.44 2.45 22,290,818 2.319 - 2.53 2.06 - 12.44 N/A NUFO Aug 7 2.86 +0.01 +0.35% 108,769 2.76 2.87 339,318 2.73 - 2.87 2.10 - 5.6475 N/A GLW Aug 7 1.60 +0.04 +2.50% 14,662,400 N/A N/A 7,239,409 1.53 - N/A 1.50 - 17.08 N/A NEWP Aug 7 15.94 +0.37 +2.38% 412,882 15.50 16.40 718,500 15.00 - 16.48 11.91 - 27.47 N/A OCCF Ticker symbol has changed to: OCCFD INTERNET No such ticker symbol. Try Symbol Lookup (Look up: INTERNET) AMZN Aug 7 13.60 -0.25 -1.82% 5,579,693 13.46 13.59 7,396,136 12.85 - 13.94 5.51 - 20.40 N/A AOL Aug 7 10.80 +0.94 +9.49% 25,882,200 N/A N/A 24,141,818 N/A - 10.96 8.70 - 46.88 N/A DCLK Aug 7 4.81 +0.01 +0.21% 848,356 4.81 4.95 1,324,272 4.42 - 4.93 4.42 - 13.88 N/A FMKT Aug 7 5.30 -0.58 -10.84% 2,486,216 5.21 5.35 1,090,181 5.05 - 5.54 5.05 - 29.09 N/A FON Aug 7 9.57 -0.06 -0.62% 4,871,800 N/A N/A 4,964,409 9.05 - 9.88 6.65 - 24.39 N/A MERQ Aug 7 22.551 +0.75 +3.40% 3,171,826 22.30 22.74 5,147,181 21.34 - 23.15 18.00 - 42.48 134.35 RNWK Aug 7 3.81 -0.199 -5.10% 272,301 3.63 4.20 976,545 3.70 - 3.99 3.26 - 9.28 N/A YHOO Aug 7 11.43 -0.16 -1.39% 8,465,159 11.35 11.38 9,776,045 10.75 - 12.19 8.02 - 21.35 N/A EBAY Aug 7 55.51 +0.28 +0.51% 8,527,482 55.55 55.58 7,356,772 53.25 - 56.16 40.48 - 72.74 106.83 PYPL Aug 7 20.40 -0.37 -1.77% 2,509,296 20.15 20.84 946,909 19.50 - 20.70 12.00 - 30.48 2.72 SOFTWARE No such ticker symbol. Try Symbol Lookup (Look up: SOFTWARE) BEAS Aug 7 5.29 -0.09 -1.65% 8,388,127 5.31 5.35 9,334,272 5.05 - 5.73 4.71 - 23.172 N/A MSFT Aug 7 47.09 +1.479 +3.24% 43,342,544 47.15 47.16 38,361,545 45.16 - 47.30 41.41 - 70.62 33.44 ITWO Aug 7 0.80 +0.02 +2.50% 2,964,663 0.80 0.82 6,053,863 0.765 - 0.88 0.75 - 10.46 N/A DSPG Aug 7 15.79 +0.09 +0.57% 220,819 15.00 16.29 242,772 15.26 - 16.29 15.09 - 26.48 32.22 STORAGE No such ticker symbol. Try Symbol Lookup (Look up: STORAGE) BRCD Aug 7 16.31 -0.09 -0.55% 13,398,056 16.33 16.38 15,110,681 15.51 - 17.49 12.60 - 41.37 N/A EMC Aug 7 6.95 +0.43 +6.41% 10,273,300 N/A N/A 16,619,500 6.25 - 7.13 5.85 - 20.25 N/A ELX Aug 7 22.35 +0.99 +4.40% 2,952,100 N/A N/A 6,679,954 21.56 - 23.61 8.40 - 48.17 N/A JNIC Aug 7 2.80 -0.04 -1.41% 74,900 2.35 3.00 265,227 2.70 - 2.92 2.61 - 11.40 N/A MCDT Aug 7 10.45 -0.13 -1.25% 441,061 10.03 10.75 N/A 10.00 - 10.75 6.00 - 34.68 N/A NTAP Aug 7 7.84 -0.02 -0.25% 7,255,354 7.90 7.95 7,874,318 7.38 - 8.45 6.00 - 27.95 795.00 QLGC Aug 7 37.55 -0.619 -1.63% 17,994,720 37.35 37.37 11,112,318 36.05 - 39.70 17.21 - 57.10 47.92 VRTS Aug 7 16.30 +0.38 +2.38% 8,791,202 16.26 16.35 13,299,454 15.76 - 16.95 14.52 - 49.89 N/A STOR Aug 7 1.35 +0.06 +4.55% 450,756 1.25 1.38 801,272 1.21 - 1.42 1.18 - 8.10 N/A CONSUMER No such ticker symbol. Try Symbol Lookup (Look up: CONSUMER) PALM Aug 7 0.98 -0.14 -13.86% 21,730,494 0.90 0.91 11,448,318 0.95 - 1.04 0.95 - 5.35 N/A RIMM Aug 7 9.98 +0.21 +2.06% 1,392,004 9.32 10.00 2,244,500 9.809 - 10.78 9.55 - 29.55 N/A GNSS Aug 7 6.37 +0.13 +2.08% 654,979 6.30 6.40 2,749,363 6.15 - 6.75 5.64 - 74.90 12.04 ESST Aug 7 10.68 -0.58 -5.07% 2,313,718 10.70 10.84 2,527,863 10.35 - 12.10 5.89 - 25.99 8.48 DVID Aug 7 1.25 +0.03 +2.46% 3,000 0.96 1.60 2,626 1.18 - 1.47 0.98 - 6.99 N/A BBY Aug 7 30.80 +0.80 +2.67% 3,737,000 N/A N/A 3,935,136 29.39 - 31.34 25.25 - 53.7466 16.92 ELBO Aug 7 24.22 +0.45 +1.89% 103,510 23.51 24.80 363,318 23.50 - 24.75 21.31 - 44.54 29.90 HLYW Aug 7 14.26 +0.30 +2.15% 333,300 13.78 14.75 663,227 13.67 - 14.81 7.80 - 21.29 5.02 MVSN Aug 7 11.02 +1.93 +19.17% 2,545,295 10.05 11.30 943,590 10.40 - 12.00 8.98 - 53.64 30.77 CABLE No such ticker symbol. Try Symbol Lookup (Look up: CABLE) CCUR Aug 7 3.03 +0.21 +7.39% 614,766 2.89 3.03 1,342,136 2.761 - 3.069 2.10 - 17.68 N/A GSPN Aug 7 3.54 +0.39 +11.78% 1,464,770 3.11 3.69 1,858,136 3.29 - 3.60 2.62 - 19.00 N/A HLIT Aug 7 1.86 +0.22 +12.64% 969,142 1.75 1.97 1,192,500 1.70 - 2.05 1.10 - 17.30 N/A TERN Aug 7 1.319 -0.031 -2.30% 191,346 1.20 1.43 789,681 1.33 - 1.48 0.86 - 14.75 N/A FLASH No such ticker symbol. Try Symbol Lookup (Look up: FLASH) SSTI Aug 7 5.15 +0.21 +4.34% 470,273 5.00 5.15 903,227 4.73 - 5.18 3.78 - 14.50 N/A SNDK Aug 7 13.19 +0.17 +1.30% 1,402,140 13.02 13.44 1,505,318 12.40 - 13.61 8.61 - 25.00 6.47 FLSH Aug 7 7.35 +0.65 +9.70% 108,650 6.96 7.42 98,863 6.75 - 7.35 3.65 - 12.85 N/A CONTRACT-MAN No such ticker symbol. Try Symbol Lookup (Look up: CONTRACT-MAN) FLEX Aug 7 7.96 +0.29 +3.78% 10,255,095 7.83 8.00 11,823,272 7.37 - 8.06 5.85 - 29.99 N/A JBL Aug 7 16.81 +0.03 +0.18% 2,125,800 N/A N/A 1,992,727 15.70 - 17.99 14.00 - 32.95 80.05 MWAV Aug 7 1.22 -0.06 -4.58% 21,400 0.22 2.24 10,409 1.22 - 1.3101 1.159 - 8.16 4.31 SANM Aug 7 3.95 +0.07 +1.76% 7,722,967 3.85 3.95 8,442,227 3.65 - 4.20 3.40 - 25.65 N/A SLR Aug 7 3.85 -0.08 -2.04% 3,780,100 N/A N/A 5,413,409 3.60 - 4.17 3.25 - 18.52 N/A SOFTWARE No such ticker symbol. Try Symbol Lookup (Look up: SOFTWARE) BEAS Aug 7 5.29 -0.09 -1.65% 8,388,127 5.31 5.35 9,334,272 5.05 - 5.73 4.71 - 23.172 N/A SAP Aug 7 17.50 +0.05 +0.29% 946,400 N/A N/A 1,389,636 16.74 - 17.99 16.09 - 39.04 134.62 ORCL Aug 7 9.52 0.00 0.00% 51,504,240 9.49 9.54 52,363,181 9.20 - 9.83 7.251 - 18.01 23.92 MSFT Aug 7 47.09 +1.479 +3.24% 43,342,544 47.15 47.16 38,361,545 45.16 - 47.30 41.41 - 70.62 33.44 PSFT Aug 7 16.01 +0.08 +0.51% 7,238,707 15.91 16.11 8,883,227 15.35 - 16.544 13.61 - 44.26 27.91 ITWO Aug 7 0.80 +0.02 +2.50% 2,964,663 0.80 0.82 6,053,863 0.765 - 0.88 0.75 - 10.46 N/A NET Aug 7 10.95 +0.05 +0.46% 944,300 N/A N/A 2,578,409 10.42 - 11.38 9.45 - 30.50 N/A CHKP Aug 7 15.59 -0.08 -0.51% 6,283,040 15.65 15.80 6,053,545 14.93 - 16.60 10.37 - 49.47 14.34 SEBL Aug 7 8.57 -0.12 -1.39% 8,635,195 8.58 8.60 16,029,090 8.15 - 9.13 8.07 - 38.38 22.42 BIOTECH No such ticker symbol. Try Symbol Lookup (Look up: BIOTECH) AMGN Aug 7 45.72 +1.62 +3.66% 15,247,493 45.85 46.00 15,641,181 44.13 - 45.85 30.57 - 69.00 39.87 BGEN Aug 7 35.51 +0.03 +0.09% 2,665,657 34.53 35.55 4,949,909 34.071 - 35.56 30.65 - 62.80 21.58 JNJ Aug 7 52.51 +1.42 +2.78% 9,141,000 N/A N/A 9,187,272 50.97 - 52.54 41.40 - 65.89 26.38 LLY Aug 7 55.52 +2.88 +5.47% 3,402,200 N/A N/A 4,047,681 53.20 - 55.74 43.75 - 84.30 24.57 MRK Aug 7 48.95 +2.12 +4.53% 5,801,900 N/A N/A 7,856,500 46.71 - 48.99 38.50 - 71.50 15.69 IMNX No such ticker symbol. Try Symbol Lookup (Look up: IMNX) PFE Aug 7 31.67 +1.15 +3.78% 15,730,800 N/A N/A 18,271,000 30.90 - 31.86 25.13 - 44.04 25.28 SGP Aug 7 24.18 +1.48 +6.52% 4,040,200 N/A N/A 6,876,727 22.75 - 24.50 20.01 - 40.00 17.91 WYE Aug 7 39.35 +1.60 +4.24% 6,623,000 N/A N/A 6,645,500 38.09 - 39.69 28.25 - 66.51 20.60 ENTERTAINMENT No such ticker symbol. Try Symbol Lookup (Look up: ENTERTAINMENT) SBSA Aug 7 7.69 -0.13 -1.67% 521,500 6.74 7.67 269,590 7.01 - 7.87 4.95 - 17.34 N/A DIS Aug 7 13.90 -0.88 -6.12% 13,861,100 N/A N/A 8,024,545 13.75 - 14.70 13.75 - 27.98 25.00 </b. TMCS Aug 7 15.25 +0.39 +2.63% 474,845 14.00 16.00 871,772 14.65 - 15.63 9.06 - 30.00 N/A COMGOLOMERATES No such ticker symbol. Try Symbol Lookup (Look up: COMGOLOMERATES) UTX Aug 7 67.16 +1.96 +3.01% 2,457,000 N/A N/A 2,410,045 64.82 - 67.35 40.10 - 77.75 16.96 TYC Aug 7 12.21 -1.76 -13.79% 21,616,100 N/A N/A 38,545,545 11.72 - 12.98 6.98 - 60.09 21.57 AA Aug 7 25.23 +0.26 +1.04% 3,348,000 N/A N/A 3,893,681 24.11 - 25.92 22.75 - 40.50 34.56

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To: Johnny Canuck who wrote (37960)	8/8/2002 4:04:50 AM
From: Johnny Canuck	of 49820

Thursday August 8, 12:17 am Eastern Time Reuters Business Report Intel Won't Count Share Options as Expense SANTA CLARA, Calif. (Reuters) - Intel Corp. (NasdaqNM:INTC - News) will announce on Thursday that it will not account for stock options as an expense, joining a growing list of high-technology firms that are bucking a growing trend among U.S. companies, a source familiar with the matter said. ADVERTISEMENT Intel will announce its intent not to account stock options as an expense in a Securities and Exchange Commission filing to be made public on Thursday, according to the source who knows about the planned filing. Technology companies, unlike companies in other industries, count on the issuance of stock options as a major source of compensation for its employees, from executives to rank-and-file workers. In Cisco Systems Inc.'s case, for example, its top 25 executives receive less than six percent of the total number of options granted, Cisco Chief Executive John Chambers said on Tuesday. Cisco and Microsoft Corp. have both weighed in, saying they won't treat options as an expense. But other companies have said they will account for stock options as an expense, such as Coca-Cola Co., General Electric Co. and General Motors Corp. At the same time, some of those companies have said that accounting for them accurately will be difficult, because the imputed value of stock options varies so much with the market. [Harry: I can't believe the executives of tech companies don't get it still after all that has happened over the last 2 years. The reality is that options dilute the value of the company. At the end of the day, if a company issues options and the exercise price is well below the current trading price, the company needs to issue more stock or go and buy it on the open market. Essentially the shareholder are taking of loss either through dilution or through a direct expense by the company. Even if they get away with this because they are the biggest tech companies and they know mutual funds will not drop them over this issue, they will pay the next time they ask for stockholder approval to raise the number of shares outstanding. I know I won't vote to approve. I think people want greater visibility in who is getting compensated and by how much. If the rumors are true some tech companies may have diluted their companies by 25 percent. I also don't agree about re-pricing options. The employees were given the optons when the time were good so the price is high, if the price of the stock falls then they were partial contributors to the failure of the company as well as the success. Options are given as an incentive to achieve good company results. If the result are lousy they should suffer with the stockholders. It is no different from a stockholder buying in at the peak. The company always has the option to issue more options are lower price comenserate with the performance of the company. It would be the equivalent to dollar cost averaging a losing position for an investor. The excuse has been given that they need to re-price to retain employees. In the current environment where are most employees going to go? As it stands long term employees are being shown the doorr because once successful programs are being cut.]

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To: Johnny Canuck who wrote (37962)	8/8/2002 4:10:43 AM
From: Johnny Canuck	of 49820

Trading Ideas: Dave Landry, Director of Research TradingMarkets.Com August 8, 2002 On Wednesday, the Nasdaq gapped nicely higher but immediately began to sell off. The selling continued until late in the afternoon. It then rallied going into the close. The S&P formed a similar "U" shaped pattern (intra-day). So what do we do? I'm not sure what to make of today's action. If I were just getting the office, I would assume it was an up day. However, because I was here, I watched it trade all over the place intra-day. This was especially true in the individual issues. This makes me wonder if we are settling into a choppier market pattern (e.g. late summer?). As far as short-term direction, I think you could toss a coin. The longer-term trend remains down but we still appear to be in bounce mode (but for how long?). Therefore, look to play both sides but keep it light. Looking to potential setups, I think I'm going to stick with the biotech theme. The stocks don't look incredible here but are beginning to shape up. With that said, Genetech (DNA) looks like it has the potential to rally out of a low-level cup and handle. I'm Okay! Based on current events, several of you have emailed me expressing concern about me living in Louisiana. Thanks! The good news is that the floods from the tropical storm are washing away the serial killers and West Nile mosquitoes. Now I know how it feels to live in California! Best of luck with your trading on Thursday!

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To: Lachesis Atropos who wrote (37964)	8/8/2002 11:07:20 AM
From: Johnny Canuck	of 49820

hi Lawrence, It looks like you got your opening gap up on the SP500, but it stalled at the intra-day resistance level established at the end of July. I think the comment in the article is more applicable to the COMPX. Even on my system did not generate a buy for the current rally and is now not generating a sell either. Usually that means the index will follow the prevailing intra-day trend, but the last 2 weeks that has not been the case. The indicator for the number of stocks 1 STD below the 200 day SMA is back to 55 percent. As in September we can trade at this level for a few weeks before a resolution in the direction. The October rally may be the catalyst. We still need to get through mutual fund tax loss selling which must be completed before the end of August.

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