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To: Henry J Costanzo who wrote (145670)	6/15/2007 10:57:19 AM
From: rcksinc	Read Replies (1) \| Respond to of 209892

Henry It sure looks like 1553 is in the cards and if we arrive there, it could become a breakout that doesn't stop until we reach 1575-1580. It will look like we put in a dbl bottom this week. And we are in a 3 up of something?

To: Henry J Costanzo who wrote (145670)	6/15/2007 11:50:08 PM
From: The Freep	Respond to of 209892

Yeah, it could be a 3 up. Then again, it could be a C up... and C's do smell like threes. A new high like we had could still be a B wave. Now we'd do a C down, but probably go no lower than last week's low. Not sure if that's my favored at this point, but it is by far the most annoying :-) Seriously, though, it would allow all the strong charts you see to continue breaking out, while other charts churn/go down. The strength in semis doesn't necessarily fit that scenario, I agree, and of course the C down is followed by up of some sort! Anyway, strikes me the answer remains "play the good charts"....