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To: Shack who wrote (123222)	8/23/2005 2:20:17 PM
From: marginmike	Read Replies (1) \| Respond to of 209892

agree about 1206 being line in sand....with sentiment so bearish i cant see it..but never say never

To: Shack who wrote (123222)	8/23/2005 3:22:26 PM
From: ajtj99	Read Replies (1) \| Respond to of 209892

I think the BKX bottoms at 97.20 or so. It's got a bear flag going on right now. That 97.20 might coincide with 1202 SPX, 1535 NDX, and 2100 COMP.

To: Shack who wrote (123222)	8/23/2005 7:56:54 PM
From: stkboy1	Read Replies (1) \| Respond to of 209892

Not sure what a saucer top is. I see in tonight's SignalWatch report he has made reference to the rounding top inverted saucer top formation. He must be reading my posts during the day...vbg signalwatch.com The Daily Chart shows the Dow has rounded off the top of the trading range, which implies a saucer-like formation. This type of rounded top typically implies impending weakness. Keep an eye on the bottom of the range at 10,500, as a solid break through this level could finally set the index free from the six-week trading range. Such a break could spark a nice downtrend worth about 200 to 300 points.