MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: bobby beara who wrote (6538)	2/11/2001 4:28:11 PM
From: macavity	of 19219

BB, I find it hard to read. It falls into the art-not-science category for sure. My view is that I only pay attention to extreme numbers. 02Jan2001 - it hit 9% I had never seen it below 30% before that day (and I am guessing the number 30%). It hit 94% on CSCO announcements. I have never seen it that high either. In between 25 and 75% - who knows - not me. The AAII net bulls increased (updated Wednesday 07Feb2001) and Ameritrade does this. It gets me worried! Bounce perhaps but we need to shake off the bullishness to go much higher - macavity

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