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To: Stoctrash who wrote (47546)	7/9/1998 9:12:00 PM
From: Patrick Slevin	Respond to of 58727

Cycles running a likely top on the daily but the reverse on the weekly...per my stuff. Personally I'm still looking for the same pattern. A break (like today) and then a rally which, if it fails, means a more serious break. This is exactly what I spoke of earlier. A 10 point downswing in the spoos means nothing to the (wo)man on the street, but it's $2500 a contract to a day trader. Anyway, it still follows the plan; it was a break and now if the ensuing rally fails the break gets more serious. Anyhoo, I have to do other work so I'll get back now and then before I book towards Chez FredE....check in later.