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

To: marginmike who wrote (5938)	1/5/2001 10:28:48 AM
From: bobby beara	Read Replies (1) \| Respond to of 19219

mm, yes it could be possible for a dow rally while the nasdaq vaccillates sideways for a while, though i would expect the vacillations to be pretty wild -g- i still need to see the nyse break out of it's triangle from the october bottom to confirm this, as citibank did. otherwise this nyse triangle is the right shoulder, to the head in sept, with the left shoulder in march, and we may have just seen the 1929 top revisited, and the fed will be powerless in lowering rates, while the excesses built up in this 20 year bull market unwind in a death spiral -ng= b