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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (5050)10/18/2000 5:16:11 PM
From: bobby beara  Read Replies (2) of 19219
 
>>>what indicators will give you your green light to go long?>>>

JT, every major selling climax over the last several years was accompanied by a front page big headline and photo about the stock market on the major dailies, usually fills up the whole page, also we have not had a 90% down day (90% down issues and down volume) which signifies that investors have thrown in the towel and just want out of everything.

The magnitude of this slide deserves a selling climax with a front page spread - imo.

i think we are a whisker away from the bottom in the xau.

b
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