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


To: Hawaii60 who wrote (5313)11/26/2000 10:13:14 AM
From: David Lee Smith  Respond to of 19219
 
Money flows is a key component of the MomentuMonkey model and currently it is negative. Many are now predicting a Christmas rally, especially in the NAZ. Will the retracement of the NAZ mean Bush wins, but like other Republican presidents, a big "crash" occurs next October 2001? A recession is difficult to see, unless it's stock market induced and I have to conclude the drop in the NAZ must be having a depressing effect on option paid management and investment bankers. I'm not that bullish near-term. Everyone has turned bullish for the near-term and I think they are in for a surprise next week. For information on the MomentuMonkey model click on the following link:
www7.bcity.com