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To: Return to Sender who wrote (3448)12/26/2002 8:26:58 PM
From: advocatedevil  Read Replies (1) | Respond to of 13403
 
OT - Yeah, the H&S pattern is a possibility worth keepin' an eye on (BTW, thanks for the chart). All these scenarios (Santa Claus rally, tax loss selling, January effect, etc.) coupled with economic uncertainty and the war factor in a low volume environment, spiced-up with the drop in jobless claims and weak holiday sales, well it certainly makes for interesting guesswork.

I continue to believe the market in general is headin' a bit lower. A test of the October lows or worse wouldn't surprise me, although I may begin lookin' to do some buyin' if we get close. My opinion may change tomorrow, but that's what I'm thinkin' at the moment!

AdvocateDevil