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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (5596)12/14/2000 3:22:25 PM
From: da_cheif™  Read Replies (3) of 19219
 
jt..the majority of the top ten in TG are bearish...and historicly they as a group have always been wrong...also market vane only 32percent bulls....and if you look at the 50 ma of equity pc ratios they are into benchmark oversold teritory....obviously the recent low on the naz can be taken out as no impulse wave to the upside yet... 2300 still a projection that has not been negated....
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