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To: velociraptor_ who wrote (5943)	11/21/2002 4:39:15 PM
From: yard_man	Respond to of 10157

thanks for that perspective.

To: velociraptor_ who wrote (5943)	11/21/2002 6:19:14 PM
From: 16yearcycle	Read Replies (2) \| Respond to of 10157

That is hysterical! The example you used was leading into Feb 2000, which was followed by one of top 3 best 6 week periods in market history! So are we going to rocket up like 1000 points or so on the nas between now and 12/31 or 14% on the SP? Holy crap! Yeah, I wanna be short into that.

To: velociraptor_ who wrote (5943)	11/21/2002 7:30:26 PM
From: rmullin6044	Read Replies (2) \| Respond to of 10157

You can't be serious. You're comparing a 15 month daily chart with a 2 month hourly chart. Anyway, if you look at the rest of the chart you see that the rally didn't end for 2 years and 600 S&P points higher. And it took almost 4 years to get back to that 1998 level. Are you willing to wait? If the pattern is indeed repeating but on a smaller time frame, then shorts are going to suffer for a few more months.