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To: AllansAlias who wrote (44988)	7/10/2002 10:33:42 AM
From: Jack of All Trades	Read Replies (1) \| Respond to of 209892

Would that be some type of expanding wedge on an hourly chart coming out of the June 18th high with it starting around the 25th?

To: AllansAlias who wrote (44988)	7/10/2002 10:46:12 AM
From: Perspective	Read Replies (1) \| Respond to of 209892

This dumbfounds me. I'm starting to worry that my broker could go BK when they start pulling this sht: Notice to margin customers-Temporary maintenance requirement extended to July 24 Due to the ongoing unusual market conditions, Bidwell & Company will continue to offer the temporarily reduced maintenance requirement on stocks through Wednesday, July 24, 2002. The temporary maintenance requirement is 25%, reduced from 35%. Please take advantage of any market appreciation during this time to create an equity buffer in your account up to 35%. They initially let people drop below 35% for two weeks to today, now they've extended it another two weeks. Since when are margin maintenance rules optional? Who do they think they are helping? The client? Themselves? I don't think anybody benefits from this crap. Fcking scary. Seriously - this really worries me. You know those rules we developed after the 1930s experience? Nah, we don't need them no more. We're sooooo much smarter. Funny you mention Grand Supercycle Bear... <ng> BC

To: AllansAlias who wrote (44988)	7/10/2002 10:47:20 AM
From: ajtj99	Read Replies (1) \| Respond to of 209892

Semi's keep dropping here as the rest of the indices consolidate. The only thing that may be of comfort for longs is that often times the SOXX bounces later than the other indices off these lows. The BTK is a better leading indicator of market direction in these instances, IMO, and it is mirroring the NDX right now. I would agree with your assessment on the SOXX, but a 3-wave corrective up would not be out of the realm of possibilty for the SOXX. Maybe that's what Onischka's looking at also.