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To: Henry J Costanzo who wrote (145726)	6/18/2007 7:00:33 AM
From: skinowski	Read Replies (1) \| Respond to of 209892

With the DOW up 1,941.72 points....16.52% above its 2000 all-time high....only 9 component stocks are at ATHs... However, as you know, a narrow advance is not necessarily a good sign for an index... As of the last report Commercials increased their longs even further - which is another way of saying that specks are even shorter. i was trying to find out whether there were any precedents for that in the past. Seems to be most unusual.

To: Henry J Costanzo who wrote (145726)	6/18/2007 10:00:29 AM
From: John Vosilla	Respond to of 209892

Shift from leading groups of recent years to the laggards taking place and the masters at the controls hope nobody notices? Remember only two years ago all anyone ever talked about was how the economy was only housing? Shift forward to today and the main drag on the economy is any business tied directly to housing. Amazing.. Citigroup, Morgan and the banks were decimated during the S&L fiasco 15 years ago.. Housing crash, foreclosures, debt slavery for too many consumers ect.. is going to weight on these for years.. How this all plays out for sure nobody really knows which is why we use TA<g>