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Re: JMK post# 226732

Friday, 04/02/2004 11:25:41 PM

Friday, April 02, 2004 11:25:41 PM

Post# of 704047
Yup a little on the low side, but look at the BPNDX, what a nice launch...all the other BP (except OEX and Fina) are also in good shape look at the sentiment indicators, bears are increasing, bulls decreasing. We are very overbought short term, so I still would not be surprised to see a respite here into the expected local low 4/6, but I doubt it goes much under 2000 and before that, I believe we may "kiss" the old maginot line at 2088. So far, the market is following the "game plan" pretty well, so why change it?

AZH

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