MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: sammy™ -_- who wrote (19077)	3/24/2006 9:30:20 AM
From: robert b furman	of 19219

Hi SammyO, We're on the same page. I'm loaded long and patient. Hoping we have a scary final shakeout that will be quick and brutal. If it happens it will be the perfect buy on a 2-3 years time period. As price goes down most momentum indicators will show buying going on under the surface. Shorts covering and longs getting greedy - the momentum blasts up for 5-7 days and then walks alnog the top of the BB. Doesn't happen often ,but we are looking at a very good set up for it to repeat. Those wanting to study this perfect buy opportunity need to study October of 1998.Tech land was poised for the internet growth and geopolitical stuff stunk up the market. Bob

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