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To: Henry J Costanzo who wrote (72624)	5/2/2003 2:19:32 PM
From: The Freep	Read Replies (1) \| Respond to of 209892

<<What now??>> Fried shorts? Greedy longs? Both? Neither? As I've said for awhile, I have no idea what's what, so I'm still standing aside, although I suspect I'll try some shorts next week some time (or on a blowout close at HOD, I guess, though maybe not). That said, I don't know if they'll be short term shorts, IT shorts, or longer. I know that C waves are supposed to fool everyone into thinking it's the real move up. So far, it's doing a fine job on that with me and with price <g> the freep

To: Henry J Costanzo who wrote (72624)	5/2/2003 2:21:12 PM
From: ajtj99	Respond to of 209892

What! Triple top broken on the BKX! Say it isn't so <G> 810 and 830 come to mind as price levels after this, with 810 probably the more likely to be in play. There may be some fibs and trendlines (I haven't checked) that may work better, however.

To: Henry J Costanzo who wrote (72624)	5/5/2003 10:58:11 AM
From: Paul Shread	Read Replies (2) \| Respond to of 209892

Dow Theory update (not a bad place to post it since R.N. Elliott allegedly based much of his work on it). The Trannies are currently trading at the top of the 9-month trading range (2470), while the Dow is well under that level (9042-9077). In the 1929-1932 bear, there were two double-bottom breakouts in the Dow, in 1930 and 1932, but each time the Trannies did not confirm. sharelynx.net sharelynx.net There were no false Dow Theory signals given in 1929-1932, as far as I can tell. The Theory would have had you out at around 320 in late 1929, and back in at about 80 in mid-1933. Not a bad performance.