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To: ajtj99 who wrote (94635)	4/8/2004 8:50:32 PM
From: bcrafty	Respond to of 209892

Sure, it signifies different things in bull markets rather than bear markets, and I agree it's frequently not a useful timing device (I like shorter term moving average crossovers myself - 7,17 sma combination and 5 ema, 8 sma combination are two faves). I suppose it depends on whether one is looking at it in a LT bearish way from the ATH or a bullish way from the 10/02 low. From an E-wave perspective on the long term chart you posted, the question could be whether in January it began a big C down from the ATH or whether it still has a 5th wave up to go from the 10/02 low. As someone famous once said, "we shall see." ;~}

To: ajtj99 who wrote (94635)	4/8/2004 9:08:48 PM
From: SwampDogg	Read Replies (2) \| Respond to of 209892

<<People have to lose that bear crap if they want to make money in this market the next few months, IMO.>> Interesting that you use the term "crap" and somewhat unfortunate. Although I am bearish here I certainly respect the other side of the trade. See ya' at new lows sometime this year. Who knows whether is will be in a week or in six months but this thread has become tiresome lately. Trying to squeeze the last drop of juice out of a lemon is of no interest to me. There are so many hints that we are on the verge of a waterfall decline and I am going to concentrate on taking advantage of it. Good luck to all. I have learned a lot from all of you.