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

To: J.T. who wrote (10150)	2/6/2002 2:26:02 PM
From: High Country Trader	Respond to of 19219

Since 1995, whenever Investors Intelligence bears has dropped below 26% for two weeks or longer (like this past January) the final market bottom didn't come until an inversion of bears over bulls - this inversion occurred twice, at the October 1998 bottom and the most recent September 2001 bottom. Caveat: the past is not always a reliable predictor of the future when it comes to stock market action.