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Pastimes : Ask da_cheif
MVIS 0.929-1.8%3:59 PM EST

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To: Chip McVickar who wrote (6717)11/2/2001 1:44:09 PM
From: Moominoid  Read Replies (1) of 8150
 
These charts pretty much are the clearest evidence that the short-term bears that abound in non-clownish zones are wrong:

siliconinvestor.com

stockcharts.com

Da_Cheif could be rigth that the bear market is over. I doubt that as much on fundamental as on technical grounds, but at the very least a significant bear market rally appears to be underway. We aren't even yet into the midpoint of wave A of the ABC up correction, which could take us to say 3200 on the NAS Composite (50% retrace). That could be as mucha s year from the September bottom. I see a 9 month cycle low at the end of the B of B wave, maybe.

Well, that's my road map.

David
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