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


To: Bull RidaH who wrote (4668)9/26/2000 8:04:25 AM
From: David Lee Smith  Read Replies (3) | Respond to of 19219
 
Reverse head and shoulders is flawed. Not confirmed on the cash market chart that clearly shows a decisive downtrend. Bulls/Bear ratio is still bullish. I see no contrarian indicator that changes the downside. Look for another tech earnings warning (CSCO??) soon. This is a bearish Elliot wave...the big kahuna!!