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To: Tim McCormick who wrote (64845)	9/28/1999 6:44:00 PM
From: Bull RidaH	Read Replies (1) \| Respond to of 86076

Tim, Don't be too confident. It looks to me as though we just completed a major wave down, and now could have several weeks of flat to moderately up trading. Today's rally began a 4th wave up in a 5 wave move down from July 17's high. Bears do still have hope to cover puts with big profits if we get a deep b of 4 decline... But that's not promised or guaranteed. Wave 5 down will probably take out the 1256.xx print on the SPX today... But that should be weeks from now. Good luck! BRH