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 (1379)	11/18/1999 5:57:00 PM
From: marginmike	Read Replies (1) of 19219

I think Tomorrow will be a short term high, We will sharply pull back going into year end. We just had the santa rally early. The market seems one step ahead of itself now. I think we will rally through the spring, and in the summer and fall of y2000 will be the beginning of the end! There is still to much money, and liquidity out there. When the Bubble really bursts will be when the World Economy really gets HOT, and the market sees the end of the cycle. I dont think were there yet, and I agree this Nazdaq thing is ridiculous. However we will not have a crash in an election year in my opinion. It will occur at the end of y2k or beginning of y2k1. We need some time for these easy dollars to get soaked up.

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