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To: Paul Shread who wrote (50621)	8/19/2002 10:40:33 AM
From: AllansAlias	Read Replies (2) \| Respond to of 209892

Anybody who thinks they see a wedge in SPX is just dreamin'. -ng

To: Paul Shread who wrote (50621)	8/19/2002 10:51:36 AM
From: AllansAlias	Respond to of 209892

Banks are breaking out (up) now. No way they should have have taken out that 740-760 area if the breakdown from the larger (monthly) pattern was real. I still think that it is bearish longer-term if these things just keep melting up, but hey, that doesn't help us today. BAC is my canary in the coal mine... I'll post that chart momentarily.