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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: High-Tech East who wrote (15303)12/4/2002 1:34:38 PM
From: Lizzie Tudor  Read Replies (3) of 19219
 
(1) the bulls were very vocal and insistent here this last week - is that supposed to make me more bullish or more bearish? ...

You've got to balance this thread against the raptor thread or that P&S death blow thread... LOL

There's absolutely nothing more bullish than reading the permabear trading threads. There's 100 posts on those for every 1 here too. Actually this permabear psyche is far too prevalent on SI imo... there are really only 2 bullish threads left, MITA and da chief, and both swing trade also. Compared to the number of bearish threads- at least 20 I can think of.

I once had a net short position and experienced the pain of a rally like this last one (with many stocks up 100%)... it was worse than anything I have suffered in this bear as a long- very easy to get wiped out... I predict many of these guys will be gone in 2003 and thats with just a few bear mkt rallies assuming its not a new bull (I'm not sure yet).
Lizzie
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