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To: UnBelievable who wrote (24963)	12/12/2001 5:46:33 PM
From: Doo	Read Replies (2) \| Respond to of 209892

>>I wonder why anyone would engage in massive buying after the index just turned down from the third of three lower highs, the stochastics are way overbought and the average is already outside the Bollinger band?<< Again, I suppose it depends on which stochastics you and the PPT rely upon? My 60m and daily stochs look like a turn up is due, bwdik?

To: UnBelievable who wrote (24963)	12/12/2001 5:54:55 PM
From: Jack of All Trades	Read Replies (1) \| Respond to of 209892

You fail to understand that it's not the "investor" that is doing it... Many reasons to keep the bull alive, not to many to kill it. The WS firms are so heavily leveraged what's a few million in futures pumping... Additionally I am willing to bet they have little in the way of M/E requirements. A change in the trin is likely to have resulted from a futures pump that started program buying. Not sure what the buy/sell triggers are but they can't be more than +/-2pts on the SPZ1.