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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Killswitch who wrote (13167)7/1/2002 1:18:35 PM
From: Killswitch  Read Replies (2) of 19219
 
"A Bullish Tidbit
07/01/02 12:28 PM EDT

I just called Chartcraft because I couldn't wait to hear how many "selling climaxes" took place last week. Those are bullish weekly reversals. They told me that there were 191 such reversals and to put that into perspective, at last September's lows those were 108 and at the bottom in April 2001, there were 127.

This is an important piece of bullish news."
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