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Depends on what time frame you're looking at.
In a message dated 5/24/04 9:45:11 PM Eastern Daylight Time, bobskc@xxxxxxxxxxxx writes:
Up? High point? The djia is down about 800 pts over the past two months. Was down today and continues to work within a "sawtooth" pattern. I think we will be range bound until the election as higher rates/Iraq/oil prices fight it out with improved corporate earnings/better productivity. Also, from a contrarian point of view, the put/call ratio is getting very bullish.
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