No, not making much of it, particularly since new lows are not expanding. That does not change the "meandering model" for the next two three weeks (1842/1960? give or take 15 in each direction). As I mentioned to day, I expect a relatively significant local low on 12/10. But i have not removed my horns since i think that later in January, 2k will be taken out...nevertheless, because I expect some retrenchment, i have taken a bunch off the table this week and am at a relatively heavy cash position of 55%....(the bu$$ sure heped raise cash today <vbg>).
