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To: At_The_Ask who wrote (61324)	12/11/2002 9:24:31 AM
From: John Madarasz	Read Replies (2) \| Respond to of 209892

i don't have the exact #'s yet... but i just read that the IIA is still at 2 to 1 Bulls vs Bears, and Bears have fallen to new lows for the post Oct rally. "This in the face of a very large decline last week." This is decidedly negative imo, especially when coupled with the MASSIVE increase in insider selling witnessed this last month. This is exactly what differentiates this years rally from last, as i mentioned to aa last month. overhead resistance is such a huge factor here now

To: At_The_Ask who wrote (61324)	12/11/2002 10:48:06 AM
From: Moominoid	Read Replies (1) \| Respond to of 209892

rpi.edu You've talked about 1's and 2's before. What is the implication of that in your opinion? David PS - that count just blew up I think LOL PPS - already updated for 2 of 3 ending here... how long will that last :P

To: At_The_Ask who wrote (61324)	12/11/2002 11:56:13 AM
From: Moominoid	Respond to of 209892

PS In my multiyear bear market rally scenario of which we would now be in wave A since the October low, wave A could be 5 waves as I assumed up till now (with the whole huge B a zigzag) or a flat or a triangle. In the latter two cases, wave a out of the October low can have 3 waves rather than 5 and that might fit the data better - still have the early Nov high as the top of wave a though. If it is an expanding flat it can take out the October low in wave b which we would currently be in. I am assuming that wave b is a flat or more likely an expanding flat given the late Nov top that I have labeled a B wave. Should try to make some charts of these alternatives...