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To: GROUND ZERO™ who wrote (36246)	10/12/1999 3:45:00 PM
From: Defrocked	Read Replies (1) \| Respond to of 44573

And a very well-defined one at that, settling near the lows...now let's see if INTC's results confirm. GZ, the Euro, ECZ9 for instance, had an upward reversal day. CLZ also gapped up, creating a possible island for the previous two sessions. Looks like a sea change of attitudes can occur in this price neighborhood for several markets simultaneously. Quite important IMHO.

To: GROUND ZERO™ who wrote (36246)	10/12/1999 3:52:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 44573

GZ, that is a big outside reversal, isn't it...

To: GROUND ZERO™ who wrote (36246)	10/12/1999 3:52:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

Yup, there it is...complete Key Reversal Day...meets all the requirements....spans the previous day and closes below its close and opening. On the 8th the SPX had an outside day which was not a true reversal, it just spanned the previous days trading, but that incomplete pattern seems to signal weakness and lead directly to todays sell off. That is why I was short so aggressively. BTW....looks like I'll live to trade another day in this contest. Chip