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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Wizard who wrote (10557)	2/19/2002 9:26:44 PM
From: techanalyst1	Read Replies (2) \| Respond to of 57684

I dunno. I've looked at chart after chart. They all pretty much look horrible. I'm beginning to think that the Sept. lows weren't THE lows that we all thought they were. The question then becomes is that due to valuation or is it due to fundamentals deteriorating further? We can't trust analysts, cuz they've proved they generally don't know any more than the rest of us. We can't trust ceos cuz they've been blindsided in the past with orders that go poof in the night. We can't trust auditors cuz they don't trust themselves or the numbers they're given. We can't trust any bounces cuz they don't last more than a day or two. We can't trust congress to get us a tax incentive package cuz they're too busy worrying if they'll be re-elected. I can only trust my charts. And they are breaking down and I'm not even sure that "trading range" is what we'll get. I'm waiting for the next big shoe to drop and I'm worried it's JP Morgan. TA