today, page-7

re: today in amazement Im struggling to see the bears. Im seeing more long opportunities. ONLY the XMJ is draggin the index down. If 5029 is respected that is quite bullish.

retracement of last leg (12/9/06 - 14/9 )

XJO retraced 0.382
XFJ retraced 0.382
XHJ retraced 0.236
XNJ retraced < 0.236
XMJ retraced almost 0.618
XSJ up 1.2%
XPJ up 0.2%

Although a break a 5022 would not be favourable for the bulls it would not invalidate the short term bullish picture

Dow slightly down on LOWER volume. Not bearish.