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To: Kayaker who wrote (10166)	5/23/2005 12:58:53 PM
From: Return to Sender	Respond to of 13403

OT: It's my long term indicators that muddy up the waters. That's why I can't be sure that we will get anything other than a bit of consolidation. There has been a lot of pessimism shown by the put to call ratio and rising short interest in general. But the yield curve is still falling despite lower oil prices and recent data that indicates that the FED may not have to continue to raise rates. All in all I can't be sure that this most recent move is not a bull trap rather than a significant summer rally that may be starting early enough to end before summer actually begins. Oh well enough of my thinking. I'm almost all in cash myself. RtS