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To: The Freep who wrote (57200)10/21/2002 12:42:27 PM
From: At_The_Ask  Respond to of 209892
 
Dow and spx shouldn't go much higher, unless it's moonshot time.



To: The Freep who wrote (57200)10/21/2002 12:45:43 PM
From: JRI  Respond to of 209892
 
I don't buy the election thing...we had a big election in 2000, and bear ate it alive...historically, statistically the market rallies into that period (Pres. election year, too)....not that time

Both bulls and bears were looking down here (for a retrace) early this week, and maybe that was the problem here, but stochastics seem to be bumping their head here...the saying used to be "oversold can get more oversold in a bear", but what does one call this? "overbought can get MORE overbought in a bear?"