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Strategies & Market Trends : The New Economy and its Winners

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To: stockman_scott who wrote (14953)	11/20/2002 2:07:01 AM
From: techanalyst1	Read Replies (2) of 57684

They've been shorting all year though, haven't they? This rally is different than others in that there were bullish divergences in the technical indicators..... and plenty of stocks are higher now than they were in the last rally even though the indexes haven't gone over their summer highs. Next year estimates are going to go up in some stocks, whether the shorts like it or not. Time will tell if the market will let multiples expand or not. TA

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