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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?

To: Win-Lose-Draw who wrote (7072)	3/18/2003 11:26:23 AM
From: t2	Respond to of 11447

Nasdaq should crack 1400 soon. Also the put/call ratio is unusually low. That would be normally be bearish but the indicator usually spikes early in options expiration expiration. Could suggest that something is DIFFERENT THIS TIME and we keep going higher...my reason is simply that the pattern does not fit with what we have seen for a long time.

To: Win-Lose-Draw who wrote (7072)	3/18/2003 11:29:31 AM
From: t2	Read Replies (1) \| Respond to of 11447

Rick Santelli (cnbc) made a comment about the bond market. He suggested that traders are now selling rallies. That would go along with the possibility that the bull market in bonds is over and this type of talk seems to be increasing. That has to be very positive for stocks, imho.