MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (2542)	4/19/2000 10:28:00 AM
From: marginmike	Read Replies (1) of 19219

I think with the FED on the 16th and MAY CPI and earnings being no help that there is no reason to sit this market out. If you look INTC, SUNW, QCOM the charts show lower highs and lower lows and a continued downtrend. If I am seeing this so are the Hedge fund, and Mutual fund BOZO's. I think we have 1 maybee two legs down and will end at NAZ 2800-3000. IF I am wrong the market goes sideways at best. There will be NO rally to save the speculators this time. Meanwhille my daughter wants a ride in my new Ferrari(LOL), Have a good one!

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