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To: mansan who wrote (3779)	9/25/2002 7:51:32 PM
From: mansan	Read Replies (4) of 10157

FROM EWI: <<It's the same scenario for the [S&P 500]. One more push up tomorrow should complete this small-degree fourth wave bounce and lead to further selling pressure directly ahead. Near-term resistance is 848-852. The more important resistance level is 857, which should not even be tested. While not expected, a push above 857 would force us to give much greater consideration to the alternate wave count described on Monday.>> <<We are moving key near-term resistance down to 8052 in the Dow and 857 in the S&P. While not expected, only a strong push beyond both of these levels would indicate that a larger corrective rebound is underway, possibly wave (C) per our alternate count.>>

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