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Post# of 704041
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Joe Stocks

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Joe Stocks

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Re: Mapleton post# 242672

Monday, 05/10/2004 7:21:16 PM

Monday, May 10, 2004 7:21:16 PM

Post# of 704041
>> I saw strength in the market today, which usually indicates we're close to a short term market bottom.<<

Strength in the market? Please explain. NYSE volume surpased NAs volume. That kind of action on the big board indicates big money leaving the market. 353 issues closed up versus 3099 down. 860 new lows.

Maybe we bounce because things can not get much worse - not from any strength that I see. The selloff looked fairly broad.

Joe

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