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


To: Square_Dealings who wrote (12149)5/8/2002 6:33:21 PM
From: marginmike  Respond to of 19219
 
gotta figure the gap gets filled before we go to the moon-ng-



To: Square_Dealings who wrote (12149)5/8/2002 10:10:07 PM
From: Brom  Respond to of 19219
 
>>3 days worth of rally today <<

Amazing that a rally of this magnitude can occur in the NAZ!! Fred Hickey says "this current tech stock pummeling is coming after two years heavy losses. With tech stock valuations still high, there's no bottom in sight."

Fred has now become the "spiderman" of strategists according to his May 3d issue. "The year 2002 ...started with the flu ...in February hit in the face during a pick-up basketball game ... bitten on the neck by a poisonous spider ... and finally a large tree branch fell on my head after a fluke New England snowstorm." "nothing compared to the brutal beating that tech stock bulls have taken over the last eight weeks."

If Fred comes out of this with enhanced powers of the "spiderman" variety we need to run him for chairman of the Fed.

Best, Brom