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Re: Sherlock356 post# 291231

Thursday, 09/02/2004 9:55:30 PM

Thursday, September 02, 2004 9:55:30 PM

Post# of 704047
I am not sure what that has to do with the question of whether we are in the region of a local top or have significantly more upside before we retrace?

I have not seen that data you mention but if its true AND investors gain confidence, that would help push stocks higher. The market is also very undervalued in relation to interest rates given CURRENT earnings estimates but that doesnt seem relevant to this particular technical discussion either.

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