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To: marginmike who wrote (48807)	8/2/2002 2:40:44 PM
From: Paul Shread	Read Replies (1) \| Respond to of 209892

That's B.S. finance.yahoo.com

To: marginmike who wrote (48807)	8/2/2002 3:00:17 PM
From: ajtj99	Read Replies (1) \| Respond to of 209892

No offense, but if CNBS told me the sky was blue I'd still walk outside to check it for myself.

To: marginmike who wrote (48807)	8/2/2002 3:16:34 PM
From: Paul Shread	Read Replies (2) \| Respond to of 209892

Also, the first 90% down day tends to occur at the start of a down move. There are usually at least two (in 1974, there were 7 before the bottom and 3 more before the retest). Here's a couple of examples, to give you an idea of how they have historically worked: 1998: 90% down days on August 4, August 27, and August 31. 2001: 90% down days on March 12 and April 3. Once you get them on the downside, you need a 90% upside day within a week or so for an all-clear signal. We did not get a 90% upside day in April 2001. All FWIW. Personally, I believe that we have entered a new era of capitulation. -bg-