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To: JRI who wrote (61437)12/12/2002 10:12:59 AM
From: At_The_Ask  Respond to of 209892
 
My bull count dies at 896 spx, dow 8488, and comp 1376. From the looks of things this am and the trin poking above 1 it may be doomed.

If you've got balls this could be a gift to cover or go long. I loaded the boat with $mox calls.

morganstanley.com



To: JRI who wrote (61437)12/12/2002 10:14:03 AM
From: Shack  Read Replies (3) | Respond to of 209892
 
Yes, I think a few complacent bulls believe we are in the Christmas rally already.

I think the VIX will be refreshed upwards before January. Put me in the camp severely starting to doubt a Christmas rally notwithstanding what we get in the next 2 days or so.

Although I could see something starting from lower levels late next week.