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To: john722 who wrote (28500)	1/16/2002 4:07:26 PM
From: Shack	Respond to of 209892

If I was to guess, I'd say one quick bounce early, then a last dump. We're already in throwover mode on the NDX ED but I would like to see 3 waves on the last plunge and I only see one.

To: john722 who wrote (28500)	1/16/2002 4:07:33 PM
From: The Freep	Read Replies (2) \| Respond to of 209892

I have the Nyse TRIN closing at 2.67 and the Naz trin at 3.94. If Shack's signals still work in this market, it should mean a bounce tomorrow. From where is one question. And how high is another. Five waves down complete or close and a 2 up starting? Or the surprise squeeze for something more? Jobless claims and housing starts in the morning. Philly Fed at noon. GE early (done deal, seems like) and MSFT and IBM after the close. Mild rally to expiry? the freep