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To: AllansAlias who wrote (3902)	5/31/2001 12:03:41 PM
From: The Freep	Read Replies (1) \| Respond to of 209892

That's a lot of injections, indeed, Allan. Of course, according to John Cuedele, big injections like that gave us our 300 point rally in the Dow after the rate cut (but NOT the rate cut itself). I wonder why it's not having the same effect these past three days? <g> I wonder how far up this 4 can take us? More to the point, I wonder how low the 5 will go. I know a lot of people are watching 2057-2060 or so on the Naz as a key support. If this 4 bounces nicely, that could still give a very nice 5 AND let it end at that support, and then launch your next up wave. Of course, Bobcor could be right, too, that we simply jello around after wave 5. Or Zeev could be right with his non-E-Wave thoughts that we will retest 1850 here in June. Heck if I know. Earnings warnings or lack thereof will probably determine all this, one way or the other. the freep