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Strategies & Market Trends : The New Economy and its Winners

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To: Wizard who wrote (10709)	2/28/2002 9:08:05 PM
From: techanalyst1	Read Replies (2) of 57684

You're right about the use of tech analysis. I rather go with the fundamentals and use the technicals to figure out where to buy, but lately I've been coming to the conclusion that we may have just had a bear market rally in Sept. Bubbles tend to take back everything and when they stop deflating, they tend to just go flat. Too many burnt corpses unwilling or unable to pick up the pieces and too many others willing to sell, I guess. It'll end, I know, I'm just venting and I'm a little peeved at analysts that were wrong on the way up, wrong on the way down and really most don't know a whole lot now either. Volume breakouts? We get those. It's probably short covering. TA

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