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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (2994)5/17/2000 11:48:00 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
marginmike, I think they want to teach these boomers a lesson one last time. The buy the dippers that can't back it up other than they have always been rewarded like Pavlovian dogs these last several years.

Best Regards, J.T.



To: marginmike who wrote (2994)5/17/2000 11:52:00 AM
From: LBstocks  Read Replies (2) | Respond to of 19219
 
marginmike - What has changed in the last 12 hours?
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To: J.T. who wrote (2972)
From: marginmike Tuesday, May 16, 2000 10:12 PM ET
Reply # of 2999

Thats funny, I was just getting a litlle more bullish. The worden brothers called a short term bottom in NASD, and I think we rally through Friday. I think anyone who was on their hands(like me) will buy here. I think in 2-3 weeks rally faids into PPI/CPI. I think NASD will make a run for 4,000 here. I think market will have bottomed until aug-oct. As for short term I think we go higher, and I see no pullback. I think BKX and Nas may diverge again as money rotates.