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

To: Rich1 who wrote (16417)	11/21/2002 8:02:00 PM
From: ajtj99	Read Replies (1) \| Respond to of 30712

Rich, find me a rally in the past 36-months (since the bear began and then some) that the S&P has gone up more than 24.5%. Here. I'll do your work for you: stockcharts.com[r,a]whcayiay[pb20!b50!b200!c20!d20,2!f][vc60][iLb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G Nada. None. Zip. Zilch. 24.5% twice. That's the most. We hit 21.6% today, which is exact same percentage as the rally in January 2001. Unless you believe the bear has been slain, the odds are stacked pretty high against a move beyond 950-960. Putting it another way, the S&P at its high has gone up 10-points in 2-weeks. That's 1-point a day. I can see why the bulls are frothing.