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This is the Monthly M3 seasonality plot with the S&P 500 Monthly close
overladed. It is confirming a small rise in M3 and then a subsequent
drop. So from this maybe the anticipated bounce in the market may be a
good time to bail out of those Nasdaq losses and find better
opportunities to go after. (like the drug stocks) Mostly because the fall
in the Nasdaq has probably caused a great deal of new health problems
that will require a lot of prescriptions.
Ron McEwan
Attachment Converted: "f:\eudora\attach\M3_Seasonality.gif"
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