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To: AllansAlias who wrote (97846)	4/25/2001 12:39:41 PM
From: John Pitera	Read Replies (1) \| Respond to of 436258

Nice charts, as you point out the SPX has resistance up near 1285-1300. it's come back down to it's 50 dma and both it and the DJIA look like they are consolidating, before another move up towards that 1300 resistance for the SPX. The NYSE is also above it's 50 dma and has a similar look. but this does look to be a bear market rally. in May we'll start to hear pre announcements by mid month and that could extinguish enthusiasm. John