Market Direction was certainly down last week.
Look at Russell 2000 1 year chart and notice how the peak in Jan'04 resembles the peak of December'04, and by that I mean that it looks like our January effect came in DECember, so we may continue to see a selloff this week.
Also, just a point, the Russell2000 was down 5.9% last week after being up only about 15% for all of last year. Be on your guard, and don't play with strangers.
'peeker
Paul Litman: "Avoid panic selling & avoid overconfident buying."