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Re: Zeev Hed post# 91966

Friday, 03/28/2003 9:10:25 PM

Friday, March 28, 2003 9:10:25 PM

Post# of 704041
It is a little puzzling

Usually is. Here's a quote from Hamilton:

I believe that a waterfall decline in the US equity indices is still imminent for three primary reasons. Conspiring to make this case are the current extreme equity overvaluations, the glaring lack of a technical sentiment bottoming signature before the war rally launched, and the powerful technical sentiment topping signature just witnessed this week. Considered together, this triad of evidence in favor of the bearish case is amazingly compelling.

Verbose as usual the rest is at

http://www.zealllc.com/2003/vxn.htm

lurqer

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