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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: Les H who wrote (4755)10/2/2000 9:23:55 PM
From: bobby beara  Read Replies (1) of 19219
 
ya Les i was thinking the same thing, there is always the story about the backside rally before the big nasty bear,

now that this support in nasdaq is starting to give way, i think the holdout bullz will go from the denial and anxiety phase to the capitulation phase, since they will figure out new highs in nasdaq in the near future are slim and none.

the tax loss selling overhead in the year 2000 has got to be massive, i believe this may be the first year in the last decade where all the averages are negative for the year going into the month where grampa munster is driving the dragula and he is chummin for change on the street corner for gas money -gg-
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