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To: yard_man who wrote (43446)	6/26/2002 5:11:31 PM
From: Shack	Read Replies (1) \| Respond to of 209892

Newman? Does he still hate Jerry?-g I assume that's the cross-currents guy, I have read the June 12 stuff.

To: yard_man who wrote (43446)	6/27/2002 9:52:29 AM
From: AllansAlias	Read Replies (2) \| Respond to of 209892

Of all the worrisome pretty pictures out there for the bulls, the most worrisome is probably the banks. They gapped clean out of the wide up-channel out of the Sep lows. No easy trick for it to get back in. Yesterday we said that we could have built a nice a-b-c off the lows and that at the end of the day a wiggle 5th was missing. Is this morning pop was the wiggle 5th of this a-b-c, then we are now headed briskly to new lows. It's an alternate only for me.

To: yard_man who wrote (43446)	6/27/2002 10:02:15 AM
From: AllansAlias	Read Replies (3) \| Respond to of 209892

Worrisome chart #2 for the bulls: MSFT Shack (He Of The Keen Eye) pointed out to me last night that MSFT could be building a triangle here and we'd be in the 'e' up before a big dump. It counts out pretty nicely from the softie low in early May. The target for the dump would be around $42 -- a 25% drop from the projected high of the 'e'. My alternate target for the dump is a bone-chilling $28 -- a 50% haircut from the 'e' target. The $28 figure is a long-standing target of mine. Seems a bit far for it to go on the leg that would come from falling out of this triangle, but hey, who the hell knows.