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Re: Blackbelt1 post# 13733

Thursday, 09/01/2005 10:55:44 AM

Thursday, September 01, 2005 10:55:44 AM

Post# of 51814
When I wrote that the market may be overemphasizing the $RUT, I didn't mean this in any way as a snub against MRUSA who has been doing great work. What I meant was that perhaps the $RUT has become a bit too obvious now to the broader market, causing a stampede to the upside--and therefore a possible trap.

The other alternative is that various sectors are reaching 20-week lows in a staggered fashion--as we have seen during the last few market lows. If this is true, the rally gets rolling next week.

If this is a trap, then Cash's G1 80-w low could come into play in a mighty way.

I think this covers about every conceivable scenario. :)

Blackbelt

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