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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: pater tenebrarum who wrote (438)8/6/1999 6:22:00 PM
From: billy97  Read Replies (2) of 19219
 
When was the last "Crash Alert"? Seems there was quite a dip last year when such an alert could have been issued. The Nasdaq then nearly doubles in 9 months so a pullback is a no-brainer. The MMs and Specialists have no more cheap stock to sell, they load up the inventory cheap and then sell it back to the world.

The market is a merchandising operation, think like this. Earnings have been excellent, interest rates are comparatively quite low, NO Hard News, only speculation from the "experts" who sell this stuff. Turn off the sound, and just watch the ticker, this too shall pass.
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