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

To: robert b furman who wrote (14844)	10/22/2002 9:34:36 AM
From: J.T.	Read Replies (1) \| Respond to of 19219

He never got any silly bids filled in his hope for market capitulation, except for Sears last Thursday. lol He backtracked his market analogy of "the rocks being piled on a human's chest crushing the air and sucking the life out of it" on Oct 9 bottom to last Wednesdays October 16th "the next two days are crucial" to finally "lets let the market tell us" over 1,300 points higher on the DOW in 8 trading days no less. This unfolding pullback will be his last best chance to buy and bury stocks for the next 9 months. The market is indeed a very humbling experience for everyone at one point or another - myself included. Amazing how the market many times finds a bottom with a whimper instead of a selling climax testing prior reaction lows - similar to low the volume affair of December 6, 9 1974 - or dissimilar to simply lower lows that just keep going like and July 8,11 1932. The market indeed dances to the beat of its own drummer and never follows any script to an exact science. Many will miss the rally in the next 9 months to a year as the sell all rallies are now replaced by buy all dips. Best Regards, J.T.