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

To: marginmike who wrote (11473)	4/5/2002 2:31:37 PM
From: J.T.	Respond to of 19219

You know my projection levels for 2003 intraday highs. It is on record in the MITA archives. Best Regards, J.T.

To: marginmike who wrote (11473)	4/5/2002 4:36:48 PM
From: nsumir81	Read Replies (1) \| Respond to of 19219

That is the key. We are STILL in a bear market... I must admit, that the much-watched and mentally-influential DOW (as a gauge of major wealth creation pertaining to major companies, it has maybe taken over from the NAZ in that regard?), does look nice. It makes everyone feel bullish as does the much-quoted A/D line (which is operating on corrupted data; garbage in garbage out), TRIN (also like the A/D) etc. Corporate America is the key to it all. Now Ed Hyman of ISI (who came out with the cute-sounding (imo) "Perfect Recovery" theory (which I viewed with suspicion in a message back in March) mirroring his "Perfect Storm" theory is now saying that it may not turn out to be so perfect after all. In fact, I feel that later on, even the word "recovery" will be dumped. Anyway, que sera sera.