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


To: David Lee Smith who wrote (6037)1/11/2001 3:25:35 PM
From: Doug  Read Replies (1) | Respond to of 19219
 
David: Currently the market seems to be discounting the earnings shortfall while Momentu is not.

Do you have any data that supports Momentu under a set of changing conditions of earnings.

At the opening I was sure of a large decline in the NAZ due to Yahoo etc. The NAZ infact darted up from opening indicating the earnings shortfalls have been discounted.

If NAZ does not correct (goes up) , what is the time frame
you would adhere to the Momentu model.

Thx.