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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: nsumir81 who wrote (10485)2/15/2002 5:34:23 PM
From: J.T.  Read Replies (3) of 19219
 
Wrong. Nobody knew earnings peaked in April 2000 until 3 to 6 months later AFTER the technicals had already LEAD THE DOWNTURN.

DOW peaked in Jan 2000 and Naz peaked in March 2000.

Nice try though. How could anyone have known April earnings were the peak until the next quarters earnings were to come out 3 MONTHS LATER in JULY? Got comparisons?

Technical analysis leads, fundamentals analysis lags, follows and confirms.

Best Regards, J.T.
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