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To: AllansAlias who wrote (49015)	8/5/2002 11:18:31 AM
From: ajtj99	Respond to of 209892

I think the bounce only lasts for a short while before the down resumes. The Dow and SPX have not reached my initial targets of 8150 and 841-843. We are one big happy family, so we need to stick together on the indices. This little correction up should relieve some of the oversold conditions on the shorter term indices. I would anticipate the pivot low at COMP 1234 may be overhead resistance, and we may even build a flag like we've been doing. If we get a flag, it might be the last leg of this particular drop, as it should point to COMP 1192-1200.

To: AllansAlias who wrote (49015)	8/5/2002 11:21:32 AM
From: yard_man	Read Replies (1) \| Respond to of 209892

agree -- this is the pt for a good bounce. Carry us at least until Wed, with CSCO on deck ...