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To: Galirayo who wrote (137594)	10/18/2006 1:13:06 PM
From: Henry J Costanzo	Read Replies (3) \| Respond to of 209892

As posted this AM, if this a flat, would look for return to something around yesterday's low 1356...1356.87. But a little more complicated than that, I'd say. If this C we're in = A, then target would be 13.33 move down to 1359.39. General objective in the area of the preceding lesser 4....1353-1344...still there, however...and cannot yet be excluded IMHO..Also, If this morning's low completed a I of C down, then a 3 down would probably have to be more than 9.08 points and take SPX down to 1359, so the 5 down would likely fall lower. In short...all still subject to future developments..??? (Hope Shack isn't listening..this really beginning to sound like MM..no ?)