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To: Jan Crawley who wrote (8032)2/26/2004 2:08:15 PM
From: Return to Sender  Read Replies (1) | Respond to of 13403
 
OT: I know I covered mine but since it has now been two months since the total put to call ratio last closed over 1.0 I would not count on seeing as much short covering on this rally as on previous ones.

We have bulls buying the dip, some short covering sure, but how far can this rally go?

New highs again on the NASDAQ and SOX/SMH?

I would not count on it right now due to the high levels of complacency and low levels of fear in concert with low volume.

RtS