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To: AllansAlias who wrote (50524)	8/17/2002 8:55:12 AM
From: marginmike	Read Replies (2) \| Respond to of 209892

AA there is so much short interes that the markets could move higher if news simply stays OK.

To: AllansAlias who wrote (50524)	8/17/2002 11:50:02 AM
From: skinowski	Respond to of 209892

<<… I said that the bulls would begin to make the following argument: "The market was right, there was no recovery. Now, the market is right again and will forecast recovery.">> Yes, absolutely, IF it continues to rally. IMO, it won’t, because of all the ugly sharp overlapping character of the advance. 1930-32 had several such rallies, which ended bad. This one will probably torture the crap (and money) out of bears, and then break down. I know you are not into chart-chasing, but a break of a lower support line will have to be a good signal.