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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (14870)11/3/2002 10:36:19 PM
From: LTK007  Read Replies (1) of 19219
 
<<The elusive BOTTOM has come and gone and most will miss this continued massive leg up as it frustrates those trying to get on board the long train on any pullback.

Best Regards, J.T.>> your post that includes the above quote is going into my storage bin.
I feel confident to the extreme that i will with "devilish" impishness re-post your post sometime in 2003 to establish you are wrong.
Mind you you are NOT predicting "a rally", you are saying firmly the we are going on a 2year rip-roaring run-up JUST like after the 74 bottom.
I, myself, see zero correlation between now and 74( but gawd forbid i happen to think that SPX trailing P/E hit 7-1 in 74, is of some significance.; fool that i am). But the many are going bananas thinking this is it and loading up as it goes up on LTBH terms will be fried.
And that is VERY SAD. Max
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