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Jerry Olson

09/22/03 7:19 AM

#153382 RE: market_watcher #153287

MW

thanks, while i try to stay unbiased in my thinking as best i can, i can see what they were saying.

we must have bouts of short pullbacks in order to advance.

we have seasonality that is usually negative right thru the end of Nov, and what i am curious about is how far we actually correct.

The fund guys HAVE to capture their profits after 3 1/2 years of dismal results. And they have till the end of Oct to do it..

We have macro cycle lows coming during that time frame as well...so while we have enjoyed this fantastic run from the March lows, we'll see where they want to take us now.