<HTML><FONT FACE=arial,helvetica><FONT SIZE=2>In a message dated 8/15/2002 7:20:27 PM Eastern Daylight Time, dhenwood@panix.com writes:<BR>
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<BLOCKQUOTE TYPE=CITE style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">The cultists at the Elliott Wave Theorist <BR>
<http://www.elliottwave.com> point out: "The poll was conducted this <BR>
past July 8-12, four days when the Dow Industrials dropped some 700 <BR>
points."<BR>
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The bull lives on in many minds.<BR>
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During the early 90's, there was a stock strategist at Lehman Brother's who used to spend many an hour toiling away, sketching really, on a large sheet of engineering paper that stretched across 3-4 desks. When I asked once what he was doing, he answered, 'predicting the market', then started laughing hysterically. He was an elliott wave guy. He was fired two years later.<BR>
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Nomi</FONT></HTML>