MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: High-Tech East who wrote (14719)	10/7/2002 11:34:05 PM
From: bobby beara	Read Replies (2) of 19219

October: The Month Where Bears Markets Go to Die<<< well i'm counting about 270 posts on CFZ today, jt has left the house, mdd is pretty vacant, as is stock attack, nobody can pinpoint a major turn on sentiment, but i believe we are quite close to a minor turn on the daily charts. we have had 3 days of -1000 ticks, though the level of fear on most indicators is well off the july lows, in 98 some of the fear indicators blew out in october as most other indicators made huge bullish divergences, we have those divergences now, we just don't have the level of fear present, it should be on the front page of newspapers. this morning i watched the early today show 4:30 am on the left coast, and she interviewed guys from both the nyse and nasdaq that were glum and glummer. during the bull market i used to take interviews like that, as an indication of a nearterm pullback -g-

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