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To: marc chatman who wrote (5122)6/15/2001 9:26:13 AM
From: The Freep  Read Replies (1) | Respond to of 209892
 
Anyone know what time Michigan Sentiment numbers come out? I think it's 10 Eastern, yes? Maybe we dilly-dally downward until then? Or maybe we don't?

the freep, full of questions of a pointless nature



To: marc chatman who wrote (5122)6/15/2001 9:41:13 AM
From: JRI  Read Replies (1) | Respond to of 209892
 
I've got 2000, and then 1974 (50% retrace of COMPX move from April low)...wouldn't surprise me to see a bounce at one (or both) of those levels......

I do think we are going further down....but P/C got to .79 yesterday, and there has been heavy, heavy selling has 2 days..tone has turned decidely bearish a lot of places...

I may look at a short if we keep bouncing here....the turnaround at 2010 or so makes no sense to me, don't see the bounce point....think we still need to visit 2000..



To: marc chatman who wrote (5122)6/15/2001 10:00:02 AM
From: JRI  Read Replies (1) | Respond to of 209892
 
I'm liking 1974 level better than 2000 for a bounce....but if we get to 1974, I think it will pause, and, at a minimum, challenge 2000 again...

This has been some fierce selling....