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To: Israel who wrote (199692)	10/23/2002 4:51:11 PM
From: DaveMG	Read Replies (2) \| Respond to of 436258

Here's my little short fantasy.Everyone notices that mkt doesn't sell off on bad news,ie KLAC, INTC almost back where it was pre earnings, etc, markets hold above 50 day averages, so MOMO buy the dips continues.. Technicians then target Aug highs and 200 day mov avgs, ie 9350 on the DOW,SPX at 1000, NAS 1500. A move like that would sucker almost everybody. Once the Aug highs are surpassed remaining shorts and wannabe bulls will pull out the stops and buy, buy, buy.. After that, air pocket time and we get to play the same game all over again.. What I'm most afraid of is the market just sort of grinding to a halt, nothing happening either direction, although it sure looks like we're stil far from that juncture..