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Zeev Hed

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Zeev Hed

Re: Ace Hanlon post# 309945

Thursday, 10/14/2004 9:50:57 PM

Thursday, October 14, 2004 9:50:57 PM

Post# of 704019
You don't have much faith in our democracy? I think that the election will end up being a "non event", but only after a lot of volatility in the next two three weeks. I expect a strong bounce here. Your observation on the McClellan oscillator is correct, also note that the 5 days RSI on the dow is under 20%, a low from which strong bounces, if nothing else occur. Note that we are very close to the August lows on the dow, but the naz is a still a solid 150 points higher, and interesting divergence.

AZH

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