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Bearmove

11/15/04 1:01 PM

#322527 RE: opnion #322522

And everybody are those fund managers who need to get positive gains going into year end. They will buy the dips. Keep in mind, a frothy overbought market can stay that way for months. We've seen this before. I'm sitting in 5 stocks and 70% cash. I plan to buy more on dips.
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JimQuinceH

11/15/04 1:18 PM

#322540 RE: opnion #322522

<<Everyone expects seasonality to carry this market into the first of the year>>

Opinion, Not me, after next Tuesday (11/23) I expect the "Change of Direction Point" due 11/24, to turn the market down into about 11/29, then another less forceful rise into about Pearl Harbor Day (12/7) then down, into tax loss selling season.

Jim