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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 (6402)1/30/2001 6:03:23 PM
From: macavity  Respond to of 19219
 
What's got horns, snorts a lot, and does not understand the meaning of valuation ?

1)A Bull
2)The Nasdaq
3)The S&P
4)All of the above.

-
Breadth on Nasdaq and NYSE is so good you cant call it anything else.

Greenspan is printing money and if the markets fall he will probably buy it personally. The Japanese are not the only ones that do it. They are just even less subtle than Greenspan.

It is to O/bought for my taste, but if this ever comes off (and I am beginning to doubt it ever will) it is going to get bought. It may be a bear rally but we are not near the top.

If this market does not come off I may start looking at Gold. (At least that is going up and down).

- macavity.



To: David Lee Smith who wrote (6402)1/30/2001 9:10:43 PM
From: Joseph Silent  Respond to of 19219
 
Dave ... the nice thing about

relentless predictions is that sooner or later you are bound to be right.

Nature is fair in the long run.

:)