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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (5700)2/21/2002 9:45:47 PM
From: macavity  Respond to of 33421
 
Re Financials.

I agree.
Every month or so but definitely no less frequently, I look at long dated charts.
I believe that this stuff (TA) really does work at all timeframes once you take into account some margins for error.

The financials are still intact from the 94/95 bull run, whereas the $SPX is intact from 82.
The outperformers (financial blue chips) are the first to rally and the last to fall.

Message 16904455

-macavity