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

To: da_cheif™ who wrote (5592)	12/14/2000 10:39:06 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

cheif, excellent snapshot analysis for Bull argument. However, these new 52 week highs for me are not the generals leading but the troops. The generals have deserted the troops and once January comes around come earnings judgment day - I think we will be heading lower still.. Mr G. needs to act now this month in December and cut rates he is already behind the curve. That is the short term catalyst for the bulls. As far as the market timers being bearish... Why is the bull reading still above 50%. I think people are saying one thing i am bearish but voting everyday just the opposite being bullish. I would concur weith your analysis if Rydex confirmed it but it is not even close. In 98' rydex would confirm your analysis but today I have my serious doubts. I don't think the baby has been thrown out with the kitchen sink and bathwater yet... i think that comes within the next 3 months. Best Regards, J.T.