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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: kodiak_bull who wrote (17466)	11/1/2002 11:38:11 AM
From: Sharp_End_Of_Drill	Read Replies (1) \| Respond to of 23153

KB, I can't disagree with you. It looks to me like the Dow is getting ready to roll over. But, take with with a big old rate cut grain of salt. Who knows what happens if Easy Al gets easier. I also heard the economy was supposed to have grown at a 3% annual rate last quarter. I have my doubts, but if true that is a significant improvement which could be very positive for the market. Also-also, I saw that Korea is doing fairly well these days, particularly in shipments of semiconductor equipment. If true, that could bode well for the SOX & tech. Lots of caveats, lots of risk. Lots of opportunity? Sharp

To: kodiak_bull who wrote (17466)	11/1/2002 1:01:35 PM
From: upanddown	Read Replies (1) \| Respond to of 23153

Any seasonality freaks out there? Today starts a six month period which historically has provided 95% of stock market returns. Nov thru Apr contains the five best months for historical returns (Dec 1.70% Nov 1.45% Jan 1.37% Apr 1.14% Mar +.96%) with Feb the only exception at -.15% (probably a little bout of overbought indigestion following the three best months). This is all based on S&P 500 returns since 1950. moneychimp.com Could the best asset allocation formula be 100% equities Nov thru Apr and 100% treasuries May thru Oct? Sure would have worked this year. Added bonus - no staring at computer screens in the dog days of summer. John

To: kodiak_bull who wrote (17466)	11/1/2002 5:23:52 PM
From: chowder	Read Replies (2) \| Respond to of 23153

KB, I'm not sure what to think as I look at the DIA or INDU charts. When I look at them, they are flat-lining. I don't see a trend, up or down. I tried to get a clearer picture with the hourly chart and all I see is a sideways market with a narrow trading range. stockcharts.com[h,a]eaclynay[pb50!b10!f][iut!Ll14]&pref=G In my opinion, this is the worst environment to try and predict or anticipate forward guidance. I need a trend, one way or the other, to be useful. We could be topping off, or we could be consolidating for a breakout. I'm not sure yet and the charts don't help me at this juncture. I have no interest in this market and am patiently waiting to see if it's going to breakout or crash. Either way is fine with me, anything but this annoying flat-lining will do. However, the weekly chart is showing a possible reversal pattern for the intermediate term. I would guess that we will know the direction of the trend by mid-week. stockcharts.com[h,a]waclynay[pb50!b10!f][iut!Ll14]&pref=G dabum