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 (402)	8/5/1999 3:32:00 PM
From: J.T.	Read Replies (3) of 19219

OFF TOPIC For Football Historians: There was a defensive back on the New York Giants in the late 80's and early 90's a fella by the name of Elvis Patterson. This is a true story and not meant to knock Elvis personally. All Redskins fans, Cowboys fans, and Eagles fans knew this player because the opposing QB would always pick on Elvis, through the ball his way to his WR and watch him run by Elvis for a TD Pass. Even the worst QB's in the league picked on Elvis. It got so bad that Elvis' own team-mates on the New York Giants gave him a nickname because he always got burned for a Touchdown. They named Evis TOAST Patterson; as in BURNT TOAST B/C HE ALWAYS GOT BURNED FOR TD'S. When Elvis played and looked bad on the field, he was TOAST. My question to you is: Is the market looking really healthy and ready for another leg up? Is breadth, which is the foundation of any rally built to stand strong for new highs? Is the market looking good here? Or is it playing out like Elvis Patterson? As the DOW is 115 points higher and like Elvis play on the field at times, looks can be deceiving. Are we looking like Burnt Toast? Best, J.T.

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