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To: fedhead who wrote (21453)7/23/2004 1:00:33 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 57684
 
my guess is we stop falling at the 1780 range. We have stalled at the '80's before. Whether we hold there is anyone's guess. The market seems like it thinks we are going back into recession which is surprising to me.



To: fedhead who wrote (21453)7/23/2004 4:05:14 PM
From: Oeconomicus  Read Replies (1) | Respond to of 57684
 
In a bear market TRIN and other oversold indicators can
remain oversold for a long time.


Hmm. Two words - petitio principii. ;-)