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Re: ajtj99 post# 254354

Monday, 06/07/2004 10:04:47 PM

Monday, June 07, 2004 10:04:47 PM

Post# of 704019
We will know soon enough, in 2001, I remember quite succinctly turning bearish late in May (and having infinite arguments with Larry at the time. The model had a double bottom August/October in the "plan", but in early August the scenario was changed to coalescence on September 16th, which of course, had to be delayed since the market was closed for four days) because the internals rapidly deteriorated. Then we had a sharp bottom (Aril 2nd if memory serves, though the Dow bottomed some 10 days earlier), here we in essence put in a double bottom, the March 22 and May 17th, almost two months apart, that is a solid bottom, not like the flimsy April 2001 intermediate bottom. I think we take 2300 and whistle by it (g).

AZH

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