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Re: SantaCruz post# 167761

Monday, 11/03/2003 9:51:35 PM

Monday, November 03, 2003 9:51:35 PM

Post# of 704019
You may be right, I did not get the excesses in the internals I expected by now, so it may continues a little beyond "a marginal new high". However, since I am not in during the morning session, I decided not to take on any additions (IBM was nicely under $90, I saw it print $89.68 around 5 PM, which would have enticed me, under more normal circumstances...). This particularly since there is some chance of a G&C tomorrow (the futes have gone back into the black and Asia is frolicking...). So I stay with my "close" stance with few deep OB's under the market and wait and see where we are tomorrow around noon. The only OB's that is not "out of reach" is CCMP under $55 (with a double under $53), but who knows, it may open $2 higher.

AZH

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