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To: Shack who wrote (13903)	9/20/2001 8:58:33 AM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

Yup. If there was a 3 wave move off the bottom yesterday it may be a complete correction and the down is to resume immediately. It could also be the first leg of a 'flat', with a 'b' down this morning that tests the lows and then a 'c' up into Friday that would test yesterday's late afternoon highs. This is a shit-storm and only traders should be messing with it. Everyone else should be concerned about preservation of capital. It is no time at all to be thinking about adding longs for the medium-term. We will get the odd beauty bounce, but this market remains very overvalued.

To: Shack who wrote (13903)	9/20/2001 9:06:27 AM
From: JRI	Read Replies (1) \| Respond to of 209892

Shack, PMI down about 1%....so that would put us around 1500-1505 COMPX at open...so some play room before that 1485... I'm thinking on buying soon after open...(I'll bail on a break of 1485)...will likely bail on any spike off open gap, for I'm thinking a-b-c anyway..