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

To: kodiak_bull who wrote (17915)	12/1/2002 2:22:12 PM
From: pvz	Respond to of 23153

KB, your chart shows lots of zigs and zags all below the 50wma and the 200wma recently started pointing down. If I try to be truly objective, that tells me it could go either way but until the ma's start showing some levelling off, the bearish side is probably the safer one to stick with. As for Gottfried's bpi's, I have the following at historically dangerously high levels: $bpindu 73.33 $bpndx 81.00 $bpoex 73.00 $bpinfo 75.33 $bptele 88.89 The following are pretty high for their own bpi charts, but not necessarily quite signalling a top: $bpcompq 49.03 $bpspx 66.80 $bpindy 65.38 All the rest (at the bottom of the link below) could conceivably rise some more, if you wanted to put on a bullish hat. stockcharts.com I'm in total agreement with your expectation for some kind of retracement. P