MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: fut_trade who wrote (1799)	12/8/1999 12:15:00 PM
From: J.T.	Read Replies (2) of 19219

Peter, In the long run, it is very unhealthy when advance/decline lines continue to hit new 52 week lows - which is what happened again yesterday- against the backdrop of narrowing base of new age stock gainers. This is now starting to creep into the market as a daily non-occurrance like cancer into the body until the immune system breaks down and can't fight it anymore. We have a very CANCEROUS market at the very least. The price to be paid increase every day for this disparity, imho, and a little insurance is a small price to pay for being wrong. Bets Regards, J.T.

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