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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (15280)12/4/2002 1:26:46 PM
From: High-Tech East  Read Replies (1) of 19219
 
... hi J.T. ... getting caught up here after a week away ...

... a couple of comments ... (1) the bulls were very vocal and insistent here this last week - is that supposed to make me more bullish or more bearish? ... <g>

... (2) I just took a good close look at my charts for the $INDU, $NYA, $COMPQ, $NDX, $SPX ... they do not look so great to me - mostly they look like they are failing at the August highs or 200 DMAs ... if this rally [your rally and John Murphy's rally actually - <G>] is going to have legs, it better move up soon ...

... OFF TOPIC ... off to see the PSU Lady Lions VS Maryland tonight here ... the women's soccer team is in the NCAA semi-finals and the men's team is in the quarter-finals ... men's basketball is going to be really painful for these kids ... they are awful ... the Big 10 is playing powerball with the BCS right now - looks like Penn State is trying to help muscle Iowa into the Rose Bowl ... the BCS is showing signs of falling apart ... I hope they kill it - I want a 16 team playoff starting in early December ... that's the way it should be (in my opinion) ...

Larry Johnson for Heisman

Ken
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