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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: bobby beara who wrote (15747)1/9/2003 10:13:42 PM
From: mishedlo  Read Replies (1) of 19219
 
contrary thinking is both art and science, but you can't count yourself as a contrarian if your in the bearish camp anymore, sure there are elements in the financial arena that seem overly bullish, but when the pedal hits the medal

Why be contrarian at this point anyway.
Perhaps the public is finally aligned to the trend.
The middle portion of the move, yet still resigned to wait it out as opposed to cash out.

Fund inflows have stopped.
Average Joe is tired of losing, but not tired enough to vash out.

When he cashes out, that will be the bottom.
Might be 4 more years.
Solidly in the middle (not the end) by my way of thinking, +- a few bear rallies.

M
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