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To: Lucretius who wrote (51446)	12/26/2000 11:32:51 PM
From: pater tenebrarum	Respond to of 436258

he has some valid points though. new highs ARE expanding, and as previously discussed, we have several bullish looking sector indices, many of which rank among the leading indicators (mixed with the laggards like oil) for the market. the action of the McOsi isn't bearish either. most importantly, Greencrud is pumping out the moolah like there's no tomorrow.... i agree 'da cheif' is an excellent contrary indicator, but since he's essentially saying the same thing over and over again he's bound to be right one day. we have bearish and bullish looking indicators...not even the polls agree. bullish divergences on several breadth and volume oscillators....run the whole gamut on decisionpoint and you'll see what i mean. so seriously, this would call for a wait-and-see, not a confident stance one way or the other. in fact it looks like the Titanic's stern isn't vertical enough yet. did i mention he's a lousy stock picker? -vbg-