Re: [RT] SP 10-30

["Bob Heisler" <BHEISLER@xxxxxxxxx>]

I agree they are most likely dead in the 
water Ben, but I don't think the S&P is done climbing the wall of hope 
just yet.  These bear market rallies normally end the same way they begin 
and I haven't seen that final burst of short covering yet.  In any event 
the markets look to be marking time before the next leg down.
 
Bob
 


  
  
    From:  profitok 
      <<A 
      href="http://groups.yahoo.com/group/realtraders/post?protectID=197212253121082134112067203024021222078026091241039109152211073019";>profitok@xxxx> 
      Date:  
      Wed Oct 30, 2002  11:34 pm<FONT 
      size=+0>Subject:  Re: [RT] SP 10-30
  
    
      
        
        
          
      
      we Failed today to come back  above previous 
      highs,,
      and we did take out last week lows 
      yesterday,,
      I suspect sp is dead in the water and will not make a 
      higher high,,
      the NASDAQ is a DIFFERENT story,,
      it Will make a higher high and fail (not 
      tomorrow)






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