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To: JRI who wrote (10273)	8/17/2001 10:41:12 AM
From: AllansAlias	Respond to of 209892

Yup, that was some nice selling there. From an Elliott pov, you have to ask yourself if you have a scenario in front of you (favoured or otherwise) that allows for a wave '3' down in this spot. If not, think harder!

To: JRI who wrote (10273)	8/17/2001 10:43:19 AM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

I can't wait to see how EWI spins this move. No doubt we'll see some new tortured 'x' waves added and even more talk about McClellan and Arms.

To: JRI who wrote (10273)	8/17/2001 11:02:45 AM
From: marginmike	Read Replies (2) \| Respond to of 209892

I was telling people car biz was in trouble on the Qcom thread and they sent me some Analyst report how things were getting better. Folks we are in the 2nd Inning of what will be a very ugly game of Cyclical downturn. The car biz has been at such dizzying heights for so long that people are in a fog about what an even tepidly growing economy is like. People still thinking we are in some new era, and Real Estate is going to be OK, and the consumer will NEVER stop spending, and IT spending will just Magicly re-envigorate.