MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: mishedlo who wrote (15761)	1/11/2003 9:27:12 PM
From: Lizzie Tudor	Read Replies (2) of 19219

Sorry. Try again. He is JUST NOW STARTING TO CASH OUT. It is a new SECULAR trend. S&P and DOW have barely started to feel tough love. So let me see... we are at 20 year lows in naz issues, over 90% down in overall market capitalization on the nasdaq and you think "he is just now starting to cash out" Seems like some strange kinda new math you have there. We don't have another 95% to go. Plus there are fundamental issues at play like the cash levels these companies have that are causing shorts to misfire. Your prognositications would require the nasdaq to trade at 1/4 cash or thereabouts. It could happen but only if there is a depression/breadlines I would say. Anyway keep shorting if thats what you believe, thats what makes a market. Lizzie

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