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To: jaker who wrote (8305)	8/18/2008 1:09:12 PM
From: Galirayo	Read Replies (2) \| Respond to of 41541

I'm pretty sure I had EFU written down on a piece of paper here ... somewhere .. I remember it for some reason ... Hey .. Check these out .. LMAO. Dust Slippers ... U sure China is not a Short ... lol I'll stop laughing soon. ;) Small Caps are overvalued .. and the Credit Crunch will hit them the worst out of all the Cap Sizes. <g> stockcharts.com

To: jaker who wrote (8305)	8/18/2008 7:27:22 PM
From: skinowski	Respond to of 41541

Taking out OEX 601 and SPX 1302 would make the decline since Aug 11 look like a consolidation, with a potentially meaningful bullish potential. On INDU that level is 11717. So, it seems like bears have a clear line in the sand. The support lines since the July low have been broken. Aug 13 lows were taken out today on an intraday basis... so, it looks like in the short term we have a lower high and a lower low. Bulls may still rally and make lemonade.... but for now it looks like they may have lost the initiative.