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plexus

10/18/02 12:57 PM

#36541 RE: Patrick Bateman #36537

Looks like a bullish lateral consolidation forming that may last a few days to work off some profit taking. I think we are setting up for another leg up in the markets mid to late next week. Ive been using the weakness to accumulate the best issues such as IBM/QLGC and so on for another ramp.

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Zeev Hed

10/18/02 1:02 PM

#36542 RE: Patrick Bateman #36537

In edit, and here went BSTE at $27.97 for the bucker plus.

Not a very big one, I don't think the shorts are that scared, they are still shorting any bounce here. After the initial flurry of put buying, the call buyers are back in force. I still have us going a little lower before the middle of next week. Look at your own BGEN, are you in a rush to cover? Very low volatility today as well.

Zeev