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

To: J.T. who wrote (12624)	6/9/2002 10:44:51 AM
From: robert b furman	Respond to of 19219

Hi JT, I'm still in the choir enjoying your bullish sermon. Praise the Lord and Amen Brother J.T. - say the truth like it is !!!! I'm trying to think what a very happy / richer bear is thinking right a bout now? Wonderful economic reports - especially the consumer related sectors (we are all loving low rates). Two very fast intra-day reversals occurred last week.Both took a negative market out of losing positions to the break even and then just as quickly frittered away. If you were short and watching those reversals they were a visionary glimpse into fear. I think both camps are scared and very quiet this weekend. Where do you get those accumulation numbers? Wallstreet taking out stock thru accumulation as the Retail Bears go back to the punch bowl at the peak of the party - is just the most explosive combination I can envision. This is the stuff Primary Wave 3's are made of - if the short covering creates the A Wave can you imagine the wealth created with the C Wave. Makes a person want to hurry up monday's open. Thanks for the great help. Bob Two