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To: bobby beara who wrote (10780)	4/27/1998 2:58:00 PM
From: Giraffe	Read Replies (2) \| Respond to of 116762

>>Not done yet, need to get a throwover of that channel before we wave bye bye.<< You could certainly be right - at this rarefied altitude even giraffes get lightheaded. It also seems possible that there is a much lower line which defines the 'real' upper limit of the channel. This line was touched or approached half a dozen times in the last twenty years. The two spikes above this line - in 87 and 98 would then be throwovers of this more narrow channel. Of course this is all arcane and theoretical based on such limited data. I guess that's why they call it speculation. On a more immediate note the hourly chart has been easing down steadily all day with progressively weaker rallies. Looks like Tuesday should be down again.