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

To: marginmike who wrote (14107)	8/8/2002 3:09:10 PM
From: llwk7051@aol.com	Read Replies (1) \| Respond to of 19219

Mike, interesting that both hd and low down hard today and len is up. Seems illogical to me. Robert

To: marginmike who wrote (14107)	8/8/2002 3:10:07 PM
From: J.T.	Respond to of 19219

Same thing happened in the 90 - 91 recession we had similar type blip in economic numbers... but it was just a fake-out... Same thing has happened in the WLI.. watch the numbers bounce right back up and hit a new 4 year high within two months... We are going SIGNIFICANTLY HIGHER IN THIS MARKET over the next 12-18 months. Good Trading. Best Regards, J.T.

To: marginmike who wrote (14107)	8/8/2002 3:11:55 PM
From: Lizzie Tudor	Respond to of 19219

every thing I am watching at the grassroots level The employment picture is picking up in SV. Just another piece of information, maybe insignificant, I know. Lizzie

To: marginmike who wrote (14107)	8/8/2002 4:50:25 PM
From: yard_man	Respond to of 19219

it will be considerably less than 12 months -- 1st quarter of next year at the latest before we see a confirmation of the early indications of weakness. It's not a double dip, because the real recession has yet to start -- that was simply a readjustment of the spending on technology no longer being based on parabolic growth. what is telling is that hardly any traction has been gained for truly historic stimulus and government spending. What others call a blip is an indication of what it is going to be like very soon, in spite of the massive increase in government spending -- the only think puzzling me, is that foreign money has stayed in at so much cost for sooo long. 6 months from now, we'll quit hearing all this balderdash about employment being a lagging indicator as people start to really get concerned for the first time. Market could rally for a couple of months into this -- and then simply roll over for good. Only wildcard is possibility of war on Iraq -- that could make things appear a little better or a whole lot worse. Dr. Richebacher will be shown to have been right all along. When it becomes apparent to everyone, it will be quite a shock. I get a kick when folks make economic predictions based on a bear market rally. We can go quite a bit higher and still be on trend.