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To: Les H who wrote (1904)	5/10/2002 12:00:22 AM
From: Les H	Read Replies (1) \| Respond to of 29594

SPX breadth for Thursday May 9 was: advance 109 229793 decline 387 1566976 unchanged 4 5044 total 500 1801813 new highs 10 new lows 3 NDX adv/dec/unc 7/93/0 OEX adv/dec/unc 23/76/1 REITs have been getting hit badly the last four days in a row with breadth about 1-to-4 up/down or only about 20 percent up on each day. Banks had a good day yesterday. But two of the past three days, they too were 80 percent negative. Same for Autos. Building/Construction and Retailers are less decisive, but have been nearly as negative when the market is weakest as today and on Tuesday. May lag the first three groups to the downside.