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To: stevenallen who wrote (42032)	6/12/2003 9:59:53 AM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 57110

Last Friday I posted this on DDD. It talks about the trin and tick and bear capitulation. dailyduediligence.com The trin is doing a mirror image of last friday and the stick that we are setting up here today is looking very similar. We are at a gap fill on the spx now, but if the market closes at these levels, it is looking more and more like the top is in. Low on the trin today was 0.30, and is now over 1.0

To: stevenallen who wrote (42032)	6/12/2003 10:55:03 AM
From: AugustWest	Read Replies (2) \| Respond to of 57110

Steve, I think it reinforces my notion that people are desperately chasing the last greatest thing. They are not looking to the future but rather basing their investment decisions on the past Looking in the rear view mirror, if you like, to try to judge what is in front of them. That, IMO is a recipe for an accident. And that is all these markets are; an accident waiting to happen. and the higher we go, it's like the faster the car goes, while the driver is busy looking behind. IOW, a crash helmet ain't gonna do no good<G/NG> P.S> Of course, the road to damnation is wide. It's the high and narrow road I chose to travel! LOL. Okay Auggie, whatever! Just don't go too fast around the curves.