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To: Paul Shread who wrote (50157)	8/15/2002 10:47:15 AM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

Dow keeps going very hard and NDX takes out 1005 area. That Dow breakout is very nice. A failure there is not an option for the bulls. Volume today has to be really big for s-t bull case.

To: Paul Shread who wrote (50157)	8/15/2002 10:52:13 AM
From: AllansAlias	Read Replies (2) \| Respond to of 209892

You just know these folks will do whatever they can to pull it out of this hole. This is some serious $'s in O/N: app.ny.frb.org

To: Paul Shread who wrote (50157)	8/15/2002 11:08:33 AM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

BTW, the scary bullish alternate goes back to the idea that Dow low is in for many months, maybe years. For fun, presume that is the case. Now, off the lows, take some of the stronger Dow stocks, like KO (or just use the Dow) and count off the bottom. What you see is that we'd be somewhere at the beginning of 'iii of 3 of 1'. This is not news. Yesterday did not make it happen or make it visible. It would have been any Elliott person's view of the really bullish alternate.