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Burk

04/08/05 4:40 PM

#378657 RE: ogm #378655

I think we'll have new highs this year. That's what makes a market. Good luck to both of us.
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Must Be Patient

04/08/05 4:49 PM

#378660 RE: ogm #378655

ogm, what are you looking at to say the transports broke down? Wouldn't we need to see a lower low and a break below the moving average that has provided support during the bull run before saying it's over?

http://stockcharts.com/def/servlet/SC.web?c=$TRAN,uu[w,a]daclyiay[df][pb200!f][vc60][iUb21!Le12,26,9....

I tend to agree with you that we've probably peaked, and I'd like to know what you're seeing in the transports in particular.