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To: Shack who wrote (126234)	11/19/2005 6:32:07 PM
From: skinowski	Respond to of 209892

You forgot to mention GOOG.... -g/ng As I recall, we recently discussed - and agreed - on the long term MMM. BAC looks good, but it is vulnerable to a large "C" - looking from the 1998 top. GE retraced 'bout 38% of the loss off the '2000 top, and did it with much less oomph that either the decline, or the preceding buildup to the ATH. I think AMZN longer term looks promising. Nice rally from the 2001 low, and a nice rally in recent months, following the 50% retracement. Let me think about the others.... The darn QCharts corrupted half of my charts. Can't make out heads from tails. But the indices look stretched and vulnerable to ED-itis. And the fact that this year's seasonal weakness didn't amount to very much might be a prerequisite for it to "work" next year... along with the 4 year and other cycles.

To: Shack who wrote (126234)	11/19/2005 6:46:18 PM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

Kinda pulled both ways by this discussion, and wondering whether what's dividing us may not simply be a matter of time.. As I've been saying....I'm still for the ED. But I also agree with Shack re those bullish patterns emerging. May be over-simplifying.......but why can't this rally that we EDers call the 5th up last as long as what we see as the 1st up ??...That ran about 7 months....mid-Aug to mid-Mar....That would have the ED top early in May 2006...Plenty of time, it seems to me, for those bullish patterns to play themselves out.....in a pretty big way. If they are more powerfully long-term than that.....well, that could ratify the view that the next down (from the ED top) will be within the framework of a huge impulse UP from 2002.....and the Grand Super-Bull to da moon...!!.... MC..Pacificator...