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Ace Hanlon

12/16/02 11:14 AM

#55998 RE: mlsoft #55996

Interesting chart comparing sentiment to market performance. If past patterns mean anything the year-end rally which seems to have started today is the last gasp before a big drop.

http://www.vtoreport.com/sentiment/sentiment.htm

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Sandy Mack

12/16/02 11:20 AM

#56002 RE: mlsoft #55996

mlsoft...I think you missed my point. What I said was that companies typically (not "can") lay off at the bottom and hire at the top. So, the impression that layoffs "mark" the bottom is a defacto truth.

Sandy