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Ace Hanlon

11/01/02 11:19 PM

#41180 RE: augieboo #41127

But market still looks like it can move higher the next few days before they pull the plug. VIX is still near 34 -- the August rally did not reverse until it got down to 30.

My guess is we sell off briefly after FOMC (many think that will be the top) but rally with a vengeance Thursday and perhaps Friday to suck in all the remaining dumb money before the bottom falls out.