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sylvester80

12/13/02 11:08 AM

#55290 RE: Zeev Hed #55287

So what happened to the 1222.22 scenario. I thought if you did not get the santa rally ( to at least take out the 1500 high) your previous 1222.22 was back in play. Did that change?

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Killian

12/13/02 11:17 AM

#55298 RE: Zeev Hed #55287

Thanks for the reply Zeev--Thanks Joe & Syl for replying also! Seems like we have some divergence here which is a good thing!

K

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wahz

12/13/02 11:55 AM

#55320 RE: Zeev Hed #55287

No change in my general scenario either, but this meandering isn't great. I have found many precedents for this bouncing between the 200 and the 50, but it is less common off an extreme low. That worries me. One of my indicators is saying sell now, and has for about a week now. Not good.But I think it is a fake out. Nevertheless I am holding very long. I have the sense that the dow has a good chance to outperform over the next 4 weeks. I just feel its best not to micromanage this.