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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (5128)	12/15/2001 10:40:49 PM
From: Bandit19	Read Replies (1) of 13815

Greg, Here's a comment from John Murphy that sums this market up right now... MIXED SIGNALS... The market is giving off a lot of mixed signals. Market moves are usually more decisive when both the short- and long-term indicators are in sync. Right now, they're not. Until our indicators come into clearer focus, it's probably best to keep a low market profile -- which is what we're doing. Today's market bounce was encouraging -- chartwise -- but we need to see more upside follow-through next week. One thing the market does have in its favor is a strong seasonal bias during the month of December -- which usually lasts into January. That may help keep the market relatively steady until the window of seasonal strength starts to close near the end of January. Smaller stocks have been doing better than larger stocks -- which is an early manifestation of the January effect.

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