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To: Investor2 who wrote (40834)	2/18/2000 2:03:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

That is where you take something and put it under water.... Scott

To: Investor2 who wrote (40834)	2/19/2000 8:29:00 AM
From: Tom Trader	Read Replies (1) \| Respond to of 44573

I2, regarding your question on inversions Here is an excerpt from another link that explains the concept succinctly; I have also provided the link since it offers some basic information regarding cycles. Cycles can invert, particularly shorter term cycles, such as seasonality in futures. Inversions are very interesting in that the inversion is exactly 180 degrees out of phase, so that a high occurs when there should be a low and vice versa. One inversion is usually followed by another in relatively short order so that things "straighten themselves out." kittalk.com My comment on a possible inversion is based on calls for a cycle high to occur around the 18th; clearly yesterday was not a high on the spoos and some of the other indices, though the 17th was a high on the NAZ/NDX and some of the other high-fliers. So, whatever happens next week, someone will turn out to have been right!!:)