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To: Shack who wrote (75540)	6/6/2003 10:30:48 PM
From: Paul Shread	Read Replies (2) \| Respond to of 209892

Very nice work, Shack. BTW, INDU and COMPX seem to be channeling nicely after today. cache.wsrn.com cache.wsrn.com

To: Shack who wrote (75540)	6/6/2003 10:45:35 PM
From: byhiselo	Read Replies (1) \| Respond to of 209892

<<we put in some kind of top today>> absolutely, for to-day anyway g agreed, below 948 is trouble for bully cheers

To: Shack who wrote (75540)	6/7/2003 9:41:16 AM
From: skinowski	Respond to of 209892

Nice work, Shack. Good point about the cluster of support ‘round SP 948. If we forget Elliott and Fibonacci and just look at the price, the market is still in a healthy uptrend. The recent acceleration was probably unsustainable, but the hourly chart still looks great, with a series of “cup and handles”, followed by new breakouts. Now, every journey begins with the first step. The decline off yesterday’s top occurred in three waves so far, creating in the process a minor low around 990. The index closed at the trendline which supported the advance since 5/27. A strong move down on Monday - and a completion of an impulse - may be an early indication that the bears have a chance. On the other hand, an advance into the 990’s would create an overlap – and show that the bear hunting season may still be in full swing.