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To: bill meehan who wrote (53366)	7/27/1999 3:26:00 PM
From: wlheatmoon	Read Replies (1) \| Respond to of 86076

Last week was the eleventh >3% weekly decline during the month of July in the COMP. 9 of the previous 10 times the COMP was lower by an average of 1.9% one week later. 12-weeks after that big down week, the COMP was lower 7 times by an average of 14.5%. FWIW bill, the high flyers and leaders seem rather weak in this melt-up..... aol, ebay, yhoo, amzn,,,,,,interesting to note that old standbys like intc, dell, msft, lu, csco, and amat are all doing much better.... what does it mean??,,,,heck if i know...but my guess is similar to your data,,,,we're going lower before we head higher....