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To: ajtj99 who wrote (327)	6/13/2001 12:56:57 PM
From: Les H	Respond to of 29597

It's very slow waiting for the 30- and 60-min indicators to peak and roll over. The S&P 500 has yet to break the downtrend from last week so I think we'll get at least a retrace if not a full retest of the yesterday's low and the 50-day moving averages. I think you need one more rally in the Nasdaq to form a matching second right shoulder, although there's no requirement that will occur. S & P 500 markets.tradingtech.com Nasdaq 100 markets.tradingtech.com It seems almost everyone is expecting June 20th to be a cycle top.