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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (9011)10/17/2001 6:04:20 PM
From: James F. Hopkins  Read Replies (2) of 19219
 
HI JT; The Bulls "were" foaming at the mouth, but
the min CreemSpam started raining on their little
parade the Bulls stampeded clean out of the rodeo ..
Now you know why I hate gap ups so much, the rally can
never hold.
I'm now not sure we will stop when we fill that gap
on the 11th, the spin on earnings isn't working,
I hate to say we will test the lows because I know
if that happens IT won't stop there..
-------------
We don't test lows in a bear market we set new ones.
Testing lows only happens in a bull market correction,
bear markets don't work the same.
Jim
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