MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: marginmike who wrote (18860)	8/9/2005 6:12:12 PM
From: J.T.	Read Replies (2) of 19219

Good to see you check in Margin. If memory serves me correctly, you weren't one of those Perma-Bears subscribing to sub DOW 6000 theory. No, I am referring to those Bears heaping wrath and end of the world scenarios everytime AG lowered FED Funds rates in 2002 and the market didn't immediately respond. The reason is because the business cycle was not repealed! We were in a mini-recession and were digesting Y2K and 9/11 tragedy. Remember the Roach factor? What ever happened to Morgan Stanley economist Steven Roach and his economic collapse death spiral theories? Some day, he will be proven correct. But not before we experience the last great Secular Bull Market of our lifetime. ~ JT

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