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Politics : Ask Michael Burke

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To: accountclosed who wrote (37315)11/23/1998 3:16:00 PM
From: Ilaine  Read Replies (3) of 132070
 
Antoine, my comment had nothing to do with technical analysis, I don't think, because I don't understand it or follow it.

1. BEARX goes up when the market goes down, and vice versa.

2. The market is presently going up.

3. Why does Tommaso think the market is going to go down?

If the rally is based, not on fundamentals, but investor psychology, what is going to make it turn around? Why would investors all of a sudden come to their senses, say, oh my goodness, these stocks are overpriced, I think I'll sell them?

CobaltBlue
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