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

To: James F. Hopkins who wrote (8595)	9/22/2001 8:12:06 AM
From: Square_Dealings	Read Replies (2) \| Respond to of 19219

good post. The numbers J.T. posted should be a significant warning that things may be different this time. The old bull market indicators don't work and haven't worked for some time now. Oversold on the short term (relative to a 10 year bull market) don't mean much when looking at the longer term. Think about what those indicators must have looked like in some of the historical market crashes when only a few people were doing technical analysis. I'm finding that trying to apply technical analysis to the current market is virtually impossible and even dangerous. good luck all M.