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

To: LTK007 who wrote (13278)	11/2/2002 8:15:37 AM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 30712

Max: The continuation of this Nasdaq rally without a pullback lasting more than a few hours suggests it will be terminal when it ends. If one were bullish, they would have wanted a pullback -- a pause to refresh. Once the dollar breaks its July lows (103 and change) it will be apparent to everyone that it is lights out.Right now, nobody notices or cares. Even with this rally yesterday the dollar put in a hefty decline. It is a negative divergence with the market -- along with so many other items -- that will win out.

To: LTK007 who wrote (13278)	11/2/2002 9:28:35 AM
From: DebtBomb	Respond to of 30712

nice chart here showing recessions and market bottoms at consumer confidence levels of between about 40-60 investech.com