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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: High Country Trader who wrote (34993)	3/24/2002 7:40:26 AM
From: AllansAlias	Read Replies (3) \| Respond to of 209892

I was only referring to the action since Dec (for the NDX that was the top) and for the last two weeks in non-tech. In both cases, we have no new highs but increasing bullishness. The sideline cash argument has been trotted out over and over by the bulls during the last two years. Nobody argues that we have had a near violent rally off the Sep lows. Again, I was referring to the timeframes mentioned above. Small and mid-cap strength is one component of internal strength, but we ain't going anywhere without the generals. As for your comment about "endless bearishness", well, the statistical measures and surveys do not bear this out. I am not saying you are not seeing it, but bulls see what they want and bears see what they want.