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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (58884)	8/8/2003 2:44:15 PM
From: Sully-	Read Replies (1) \| Respond to of 65232

Howdy RR! Yup the big board & the NAZ are diverging. The S&P is back above 975 for now. The NAZ seems oversold near term. That's going to correct one way or the other eventually. Economic reports seem to favor an improving economy, albeit mildly. Corporate guidance seems to favor the same too. I know I harp on valuations, but that might begin to become a concern if perceptions of a tepid economic rebound take hold. I still think any near term ramp might be sold fairly hard. BWTHDIK?