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To: Lucretius who wrote (13379)	8/23/2000 10:54:38 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

lol...i was just going to post to you about the Mc Clellan oscillator...also, note the divergent secondary top in the summation index. perhaps the cycle turn is going to work after all. also a/d volume for the NYA is at a divergent peak. but overall, the t/a and sentiment indicators are actually, well, confusing. you can still make a case for both bullish and bearish resolutions. imo if the market were to turn down, we'd probably get a buyable low in October, as per tradition. i'm only wondering if this is not a too widely expected scenario and will therefore not come true. certainly there are no triggers on the horizon, energy perhaps excepted. and even that is something that is largely being ignored...the WS hype that it just doesn't matter is apparently widely accepted as being correct. the most important worry for the market is always the Fed's future rate policies...and AG has not only clearly given the green light on that front, but is also actively pumping the market up with an enormous liquidity splurge. can you think of anything aside from further energy price pressures that could potentially upset this thing? don't tell me exhaustion..it doesn't look exhausted.