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Re: AD post# 341730

Wednesday, 01/05/2005 4:33:31 PM

Wednesday, January 05, 2005 4:33:31 PM

Post# of 704019
AD, 2097 was the December low from which the market ran up about 70 points in a little more than week. Now we have closed below the previous month's low which is bearish. IMO. But I think Zeev is correct in thinking a short term oversold bounce is due very soon. I'll probably cover my shorts shortly after the open if the market gaps lower and try to reset them again sometime next week.
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