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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Lillie who wrote (12705)	10/30/2002 8:59:38 AM
From: Win-Lose-Draw	Read Replies (1) \| Respond to of 30712

imo the election is a non-issue in this ramp. just don't see why it would matter, there are as many democrats on wall st as there are republicans. not to mention a NE republican is a lot more like a southern democract than like, say, Trent Lott. the rally looks tired. not exhausted yet, but definetely tired. but if it doesn't go down soon it may well recharge. i'm waiting on a clear signal.

To: Jeffrey S. Lillie who wrote (12705)	10/30/2002 10:36:23 AM
From: LTK007	Respond to of 30712

If some large money groups such as Pension Funds and say Fidelity and Vanguard are buying away for no other reason other than that is what they do when they have other people's money and some doctrine circulating to them that we had a 74 type bottom(one needs a non-functioning brain to believe that,and they qualify on that count), we can't rule this rally beaten and over until we see this inflow stop. If for instance they are doing a 5 to 10% reallocation from bonds to equities now, they will just keep doing it until they are done.These mindless robotic institutions are a force. That is why i need see the late 2001 pattern broken. Max