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To: skinowski who wrote (134302)	7/13/2006 10:21:32 AM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

SPX...As of now, the UT line seems to have been cracked...........but a gored bull could still insist that (ii) down of 3 up from June 14 still in play...LOL I see your wiggles impulse down from Jul 11, and agree, we could be winding down....with a 5 today... All of the above still very much in doubt in my mind due to my continued inability to read the decline from Jul 3.....which I have been thinking is a C wave...Could be that decline from Jul 11 is a (iii) down of that C.?? If foregoing sounds confused, it accurately reflects the state of my mind..LOL