Zeev (1)On the subject of 52 week new highs. (2)On or around Jun 20, 2003 the 52 week line will fall to the Dec 2, 2002 high. (3)The 52 week line is declining rapidly right now. (4)Once the 52 week line reaches Dec 2, 2002 the probability of new highs will greatly increase.IMHO.
Thanks for the input, Zeev. I'm also very glad to see the #1 trader on this board attributing as little to the ESF (a/k/a PPT) as I do. But I could be wrong because Barry Diller is a likely head of the ESF, to judge by how EXPE has moved (irrationally, I tell you) against my position.