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Re: Alex G post# 36995

Monday, 10/21/2002 2:36:11 PM

Monday, October 21, 2002 2:36:11 PM

Post# of 704041
Alex......

Nice chart - I'm impressed.

I also agree about the similarity between the two rallies. I cannot see this rally going much further without correcting, but as long as they move in at the slightest hint of selling coming into the markets they can keep it going. They know that it is easier (and less costly) to keep a rally going than to turn the market around, but at some point that relationship changes as the point of diminishing returns is hit - I think we are there, but it depends on how many shorts they can continue to find and run.

Good luck to you.

mlsoft

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