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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (14777)10/14/2002 10:50:21 PM
From: bobby beara  Read Replies (1) of 19219
 
Certainly not an exact 1974 redux replica, but then again when is it ever?<<<<

JT, price to book, price to dividend, price to earnings were way lower, there is no comparison in this bear market to anything we have had in the past at major bottoms, consumer sentiment, while fading is still way off the levels of 1974 or 1990.

We may have made enough trader sentiment here for a decent bear market rally, even one that could rival the one off the sept 01 lows, but we are no where near 1974.

how about some NUMBERS, the put/call ratio has remained quite high during the rally of the last FEW DAYS, lots of disbelief, how bout them bear funds,
AND HOW ABOUT THEM ANGELS -G-
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