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To: Jorj X Mckie who wrote (11394)7/29/2002 4:26:43 PM
From: Logain Ablar  Read Replies (1) | Respond to of 17639
 
JXM

stockcharts.com

I see a pull back so were in agreement in short term direction. Longer time frame I think we rally more before we retest the recent lows. Of course if there is another shoe to drop the market will see this way before I do and we will set net lows.

I am quite comfortable in knowing I can be competely wrong. So while I don't agree completely I do agree its gotten too bullish too quickly (not just SI but obviously other buyers to push the indexes up).

I'm wondering what that shoe will be. Credit derrivitive exposure in some of the insurers (special financial guarantee and not just the well known's like MBIA)