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To: The Freep who wrote (5972)	6/28/2001 2:40:23 PM
From: Sully-	Respond to of 209892

CNBS reporting that softie will reopen @ 2:50 pm. Ö¿Ö

To: The Freep who wrote (5972)	6/28/2001 3:07:53 PM
From: Henry J Costanzo	Respond to of 209892

You weren't asking me, but here's my take anyway (WARNING: Strictly amateur, and, as you may know, from the odd-man-out on this thread); 1. From the 26th to yesterday morning, we had a 1 up, to 2084 2. We had a wave 2 down after the Fed yesterday, to 2048 3. Looks like we've had 4 of 5 waves up today, and have a 5 up to go before completing wave 3 up. 4. After that, I'd look for a 4 down and a final 5 up to complete this move.

To: The Freep who wrote (5972)	6/28/2001 3:44:02 PM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

Addendum:.. Looks like we're still in the wave 4 of today's moves (mentioned in my point #3). If that pulls back to the preceding 4 of lesser degree - normal expectation - that could pull us back to around 2115. What do you think of that NASDAQ? First, they keep MSFT closed long enough for all the big boys playing around in "basket" indexes and futures to cover themselves. then the little guys are hit with a failure of SOES!!....Very convenient...