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Pastimes : Ask da_cheif
MVIS 0.850-3.4%Jan 23 9:30 AM EST

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To: Chip McVickar who wrote (6719)11/2/2001 9:08:17 AM
From: Moominoid  Read Replies (2) of 8150
 
Let's see. It certainly isn't infallible...

Overall I expect that we are in a bear-market rally. It will have such massive proportions that those charts people are posting now will look laughable. I saw that one that claimed the recent highs were the A wave, when I think they are just 1 of A..... BWDIK :) I don't see why 50% of the NASDAQ decline won't be retraced.

I now think we are starting the third wave of the A wave. All the indicators are pointing up. Even the McClellan summation has begun to reaccelerate to the upside....

The more I read about finance the more I see that most "buyside" people seem to be very gloomy and pessimistic most of the time and make money in spite of themselves.

David
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