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


To: J.T. who wrote (13784)7/25/2002 2:29:08 AM
From: bobby beara  Read Replies (2) | Respond to of 19219
 
On August 17, 1982, the melt-up began very similar to todays action,

jt, the bear market into 1982 was severe, when you ad in the inflation devastation effect, just a few degrees up from the severity of the 30's bear market.

in 1982 the public was out of equities and given up pretty much, we have a long way to get there,

this is not 1982, the best case scenario is a sideways range for years like the 70's.

the worst case scenario is, you know, you've read the dunder free zone, they've been subscribing to that since dow 3000, even a blind squirrel finds a nut.

forget your melt-ups, capitol preservation is key.



To: J.T. who wrote (13784)7/25/2002 10:58:20 AM
From: Claude Cormier  Respond to of 19219
 
<Some differences:>

Today's valuation are still way above 1982 valuation. This market must drop another 30-40%.