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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Alex MG who wrote (16039)	2/4/2003 8:39:57 PM
From: Lizzie Tudor	Read Replies (3) of 19219

I think you are just "hoping" and "wishing" that the bear market is over, you are trying to be optimistic. But if you look at the cold hard facts the odds are very strong we will see lower lows. See thats the problem though. I have been long since october and I am way up. I am not disputing that 2002 was a terrible bear. But it has paid to be long since then (or play the rallies, whatever). Why are you talking about facts? What is your factual evidence that the mkt is about to break new lows. I think one of my problems is that I read that P&S death blow thead post by post in the month of october. Those bears missed the turn, badly. They kept shorting into the upmoves. Based on that observation I don't believe they can be objective. There is one objective guy on those threads who has been correct - Eugene Kearney. He is calling for a low coming up but not a break of the lows. I think he is right on.

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