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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: sandeep who wrote (4990)	11/1/2002 4:46:41 PM
From: Shack	Read Replies (4) \| Respond to of 10157

Isn't price the ultimate evidence? Exactly! Since the October 21 close on the SPX, we entered a range which has now lasted two weeks. Price has gone nowhere but everyone is bullish (did you see the poll on our thread?). Why is this? Yes tech has done better (the Comp has grinded up 49 pts since then). But it has been laboured and poorly structured. I played some of this rally long and I still hold some tech crap (RIMM). But I am only using it as a hedge at this point. Next week, I will be 100% short.