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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (17986)10/14/2003 8:50:48 PM
From: t2  Read Replies (2) of 19219
 
Seeing all kinds of calls for market top tomorrow....just scanned trading threads on SI.

That suggests (to me) that we are going to explode to the upside on the markets..especially Nasdaq. Have not seen any commentator, strategist that he is bullish on technology in the last 2 days on CNBC.

We could really explode to the upside from here..and probably will as these people start changing their minds. The Intel effect is going to be bigger than most people realize. I am just not paying attention to the small gains in futures right now..these traders are way off base as we shall see by the end of the day tomorrow. They are underestimating the significance of a large cap tech stock showing big growth.
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