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To: skinowski who wrote (123459)8/30/2005 10:16:10 AM
From: skinowski  Read Replies (2) | Respond to of 209892
 
Wiggle hints.... Yesterday's sharp rally in SP is readable as a three-waver. The hard, impulsive decline this morning *suggests* that the bear may not out of town yet.... that perhaps he simply took a little break - turned off by the the spike in bearishness due to the hurricane (which, thank God, didn't turn out worse).

That's but hints, suggestive evidence.... but, another 2-3 points down on SP, and the bearish case strengthens quite a bit... for the short term.