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Strategies & Market Trends : APMP (formerly APM)

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To: Rudy who wrote (13432)3/26/2002 5:34:59 PM
From: AlienTech  Read Replies (1) of 13456
 
>>``The market's strength in early March is seen as confirmation that last September's low was the final bottom,'' Ralph Acampora, senior technical analyst at Prudential Securities, told his clients this week.

Weeks ago, as the market sold-off from the mid-January peak, he was still expected a final low some time this year. Now, he says, the consolidation between November and February is seen as a successful retest of that September low and, ``it now sets the stage for more meaningful upside progress.''
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When was this guy right the last time?
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