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 (15844)	1/20/2003 4:21:59 PM
From: Square_Dealings	Read Replies (1) of 19219

Market Simply Undergoing "Healthy Correction" Until Devastating Freefall January 20, 2003 New York, N.Y.- Despite the sharp downturn in the stock market, economic and financial experts today advised investors to remain calm and continue to hold on for the long-term, which they said would end abruptly next Tuesday when a market panic wipes out 90 percent of the world's wealth. "I realize things look a little dodgy right now, but this is no time for people to lose their cool," said U.S. Treasury Secretary (vacant). "God knows there will be plenty of time for that on Tuesday, when everything you've worked for vanishes in a matter of seconds." The U.S. economy looks set to rebound by the second quarter, "unless next Tuesday comes first, which I'm afraid it will." said Merrill Lynch analyst Pamela Green. "For the risk-averse, we particularly like defensive plays, such as aerospace and health care, which we believe will hold up well prior to collapsing entirely at 10:42 a.m. EST."

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