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MVIS 0.920

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Dec 5 9:30 AM EST

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To: GROUND ZERO™ who wrote (3639)	7/25/2001 10:33:27 AM
From: Chip McVickar	Read Replies (1) of 8150

Hmmmm...! A Saucer Bottom on the Dow...! So your suggesting the fall from mid May and the modest spike up to 7/19 is the mid point of a rounded bottom. Where do you place the end of the bowls rising edge..! This also looks like a classic "W" formation with 10,438.66 as the break out area. Sustain above that and solid gains usually follow. Just look at the utilities chart and it's Dec 2000 bottom. [btw, the utilities chart also gave a "M" sell pattern in May'01] - and their're classic formations of both patterns. The Dow has been roughly following the upper tine of a downward fork off 3/8/01..., that tine sits at about 10700 for the day and 10450 for tomorrow.

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