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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J. P. who wrote (10451)2/15/2002 2:00:28 PM
From: J.T.  Read Replies (1) of 19219
 
Fundamentals never lead the stock market lower (or higher)... Technicals do. FA only serves to reinforce what the technical picture is already telling us in that existential point in time.

If FA did lead us lower why were stocks heading down in March April 2000 as earnings were peaking or why the market reversed 2000 + points off the bottom as measured by the DOW in September 01?

Mass Psychology, No?

Nonetheless, you do share good technical analysis.

Best Regards, J.T.
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