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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Lizzie Tudor who wrote (15974)1/30/2003 4:33:03 PM
From: mishedlo  Read Replies (1) of 19219
 
But what I read is that bears think things are not getting better from a business standpoint, whereas I know that they are.
Lizzie


Things are getting better and you know it!!!!???
That strikes me as absurd.
What is INTC saying?
What is MSFT saying?
The sad thing is those guys are liars for the most part, who always stress the positive.

There really is nothing good to say and the economy is going to hell in a handbasket. If stocks traded at fair value, the spoos would be 400 points lower and god only knows where the tech wreck would be.

Pray tell what is the evidence that says you KNOW things are getting better.

Even if there is an uptick of some sort, stock prices have about 400% of it priced in, AND any uptick is simply not sustainable.

M
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