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To: Shack who wrote (62394)	12/31/2002 2:49:34 AM
From: Rajkea	Respond to of 209892

How about the ^xau? Is it a buy at 72?

To: Shack who wrote (62394)	12/31/2002 8:55:21 AM
From: JRI	Read Replies (2) \| Respond to of 209892

Whatz your favored- bounce or no bounce here?

To: Shack who wrote (62394)	12/31/2002 9:08:39 AM
From: skinowski	Read Replies (1) \| Respond to of 209892

>>falling out of a downward sloping flag<< I keep wondering about the same thing. Isn’t it the same as a “running correction”? The shape reminds me of the action in Sept. – Oct. of ‘2000, when it resolved in another strong leg down. Also, there is some “symmetricity” with the action in Oct – Nov of this year, on the way up, except that the congestion was sort of “broadening”. 50% retracement of the October rally is a touch above SPX 860, where the second leg down of the recent decline will be 78.6% of the first one.