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To: mishedlo who wrote (66547)	2/15/2003 3:07:19 AM
From: byhiselo	Respond to of 209892

<<what is everyone thinking now, and what will things look like if we reach either my pain target or offficial max pain>> i'm thinking right now about shorting the max pain targets with closing stops at appx DOW 8155, SPX 870, and COMPX 1337 and cover targets 10-15% below the oct lows i'm clown long when either of those levels are hit but will play the middle in the meantime cheers

To: mishedlo who wrote (66547)	2/15/2003 8:22:22 AM
From: John Madarasz	Read Replies (1) \| Respond to of 209892

i can practically guarantee everyone is going to start pointing at the 50sdma as the "1st" major resistance...so i might as well start now too i'm already beginning to see it on some annotated charts

To: mishedlo who wrote (66547)	2/15/2003 9:48:58 AM
From: skinowski	Read Replies (1) \| Respond to of 209892

Brian is a thoughtful man. I enjoy his work. IMO: The SPX rally stopped at the level where its leg 2 is 78.6% of leg 1. The action so far is in three waves, with each leg itself being structured, basically, as “threes”. The next R is a few points away, near 840, where both legs are equal. 840 has recently served as support / resistance on the 60min chart. There is R in the area of 850 +/- a few points. By the time the action gets there – if it does – it will be possible to see better the subdivisions of the rally. If it acquires an impulsive character, than – and only than – it should get serious respect. I am short from higher levels, and don’t want to give up my position to what up to this moment can only qualify as a corrective move.