MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: marginmike who wrote (11233)	3/17/2002 7:57:18 PM
From: Killswitch	Read Replies (2) of 19219

More bullish news (it just keeps coming!! :-). Ed Hyman from ISI, the #1 ranked economist, is predicting a stronger recovery than out of the last recession... conservatively 4% GDP growth this year although it could be more like 6. Does the perfect storm beget the perfect recovery? Message 17209195 Oh- also they predict the recent bond selloff will reverse leading to lower bond rates. For those of you that follow the Fed model of market valuation this means the market actually isn't as overvalued as it might temporarily look right now. In fact as the earnings estimates rise for the S&P 500 we may in future-hindsight have been fairly valued or even undervalued here.

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