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To: Jerry Olson who wrote (78438)8/5/2003 8:12:46 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
<<that direction is down.>>

Assume you must be talking about the recent past month or so of sideways to down action in the broad indexes..... ???..........If so, ..agree..........<VBG>



To: Jerry Olson who wrote (78438)8/5/2003 10:19:29 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
A gap or a sharp move below SPX 962 tomorrow would be impressive. Or... should I have said "impulsive"... -g

So far the decline since 7/14 is a three-waver, and it is still contained by the 962 - 1015 range.