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To: IHateSourCream who wrote (134488)	7/17/2006 5:22:24 PM
From: skinowski	Read Replies (1) \| Respond to of 209892

Wow... UTX sports an interesting chart. On the hourly, it looks like an impulsive decline, possibly in it's late stages, which started on July 6. It is probably 3 (or C) or part thereof - when counting from the May 11 top. If we get a corrective looking bounce, it might be shortable. But it must be remembered that today the stock tested its 200 dma, and it held up so far. (edit - RACK, incidentally, also tested the 200 dma, and bonced off today)