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To: AllansAlias who wrote (45445)7/12/2002 9:49:09 AM
From: Paul Shread  Respond to of 209892
 
Michigan really came in under estimates.

09:47 ET Univ of Michigan index falls to 86.5 from 92.4 : The Michigan consumer sentiment index was much weaker than expected, and will weigh on the market due to fears of a consumer retrenchment.

That H&S is popping up everywhere, it seems:

gannelliottwaver.com



To: AllansAlias who wrote (45445)7/12/2002 10:03:44 AM
From: marginmike  Respond to of 209892
 
I agree, but I think a monthly like that will take 3-4 weeks minimum to break, so most lickly aug is the break month sept would be rally month and October......well october is crash month-g-