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To: Yogizuna who wrote (6957)	7/28/2000 6:16:17 PM
From: pater tenebrarum	Read Replies (3) \| Respond to of 436258

i agree...if we truly are on the verge of what Russell refers to as 'stage 2' of the bear market (wave 3 down in elliott terms), then all the major indices should plummet together...as finally money moves OUT of the market instead of shifting mindlessly around. that said, the t/a evidence as far as i can see at the moment suggests some kind of bounce will be underway early next week (if no bounce materializes that would be a VERY BAD sign indeed), which should present another great shorting opp... the bigger picture is imo extremely negative...cycles, levels of complacency, and virtually every single sector chart say so.... i sure hope i didn't re-awaken the mania with this post...-g- great weekend all...