MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (14966)	11/27/2002 3:20:00 PM
From: J.T.	Read Replies (2) of 19219

Nobody believes the rally. Then the next leg of the ramp takes us into Thanksgiving holiday the end of November. I get the feeling many are unsatisfied with this rally and that disbelief still persists. The market will continue to work higher now in chop and sloplike fashion. Nevertheless, Friday is a half day and if it goes countertrend like it did on July 5th it could work for the Bears on light volume. And it is only setting the larger stage for the 'perfect storm' in the market and that is UP well into 2003. Happy Thanksgiving all. Best Regards, J.T.

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