MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (10850)	2/28/2002 2:15:00 PM
From: Joe Smith	Read Replies (1) of 19219

Assuming that the markets do look out 6 months, then this good news did not fall on deaf ears at all. One could attribute the Fall rally to these numbers that show that our economy is not in a death spiral. The market's death spiral has ended too, but the economy is not really bouncing back in a vigorous way and neither are the markets. The difficulty in the markets getting traction now may be the market looking out at a possible difficulty for the economy to get traction this Fall. One caveat, I do think that the good news will draw some money back into the markets later this Spring but, I think it will be short-lived. BTW, your last post to Steve is to be commended. In the end, you handled your little flame-fest with Steve well. I do not think that Steve is a troll or a stalker. He just smelled blood due to your short-term disagreement with the markets. I do believe that he was a bit shrill, but his input is also valuable. It is amazing how quickly things can escalate in this impersonal messaging environment

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