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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (18870)8/13/2005 3:41:26 AM
From: marginmike  Read Replies (2) of 19219
 
i dont know how much shake down is left. p/c ratio went through the eroof again this afternoun. Short interest at record levels, and yesterdays selloff was tepid at best. Freekin Goog closed up a few. They will grind this sideways this week for sure into 30th low, but after that we get the run to 1280. I do disagree with you that after that I look for a year long correction before the monster leg up 3 into 07. 5 up almost complete.
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