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To: robnhood who wrote (107104)	6/6/2001 11:00:20 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

that really depends on which index you are looking at. it's really difficult to interpret, as the major indices all have to be counted differently. but i agree that the rally is likely corrective, and that the downtrend will resume. i'm just not so sure that it will do so right away. in a unique and rather bizarre development, Prechter has turned intermediate term bullish and is looking for new highs on the Dow, and a NAZ rally back to 3K. that should warm every bear's heart, as he's been bearish throughout the bull market...