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


To: High-Tech East who wrote (10242)2/10/2002 11:31:47 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
Right. The market took a longer process of completing a huge reverse head and shoulders bottom where the left shoulder was in March early April 2001; the head formation culminated in the week of September 17th - 21st; and the right shoulder, if not near completion, will be fully complete sometime in March 2002 before we rocket on outta here going into the 2003 intraday high top some 40% + (SPX) 50% + (DOW) and 80% + (COMP) respectively ...

Imagaine that, the great Bull market from 1982 to peak in 2003 a Fibonacci 21 years....

Ur iz dat the great bull market from 1974 to peak a Fibonacci 34 years culminating in 2008... more in line wit Harry Dent and the end of Baby Boomer spending years which would of course suggest even significantly higher prices than 2003... lol

Anyway, if its 2008 its gona be a muthah rocket launch primary epicenter wave 3 that will make all past rallies mere hiccups ur blips on da radar screens.

Off to bed... gotta git up early to board da rocket... da larceny boyz fronted by NASA wouldn't tell me if da launch was Monday ur Tuesday... lmazzoff

Best Regards, J.T.