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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (18941)1/9/2006 12:24:48 PM
From: Rarebird  Read Replies (2) of 19219
 
I see, hear and feel lots of NERVOUSNESS out there. The Bears keep on talking about the next recession, high crude oil, a tremendous slowdown in consumer spending coming, the next war with Iran, etc. Yet the markets are rallying strongly, with tremenous volume on this past Friday's major league breakout for the S@P, accompanied by excellent breadth. Who is talking about the January indicator, where the first week of trading in January usually sets the tone for the whole month and year?

I would not be listening to the Bears or nervous Bulls here.

Listen to the Market.

I'm long and strong and in these markets.
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