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To: robert b furman who wrote (169562)	7/9/2008 10:40:17 PM
From: skinowski	Respond to of 209892

Thanks, Bob. I made a chart a couple of days ago - SPX 144 min. To me this still remains the key chart for the relatively near future. Message 24737228 I'd say if the index starts making new lows, I'd start giving preference to the near term bearish version - namely, 5 of 3, to be followed by a larger 4 and the final 5 down. Just as a guess, it all may go on well into August. Just a guess. After this evolving fiver since the May top ends, we should have a meaningful rally.