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

To: J.T. who wrote (14966)	11/4/2002 1:25:37 PM
From: robert b furman	Respond to of 19219

HI J.T., EXACTOMUNDO, Late November Rally to the 200 day ma @ 1535 ish - sell down to just above 50 day ma in mid December with nice Christmas Rally after Christmas and up intoa nice january effect Rally in the first 10 days. Then we get nervous around Q1 earnings and they'd better carry on momentum. Mid December test will be a great add to spot to ride a quick but short January pop. Ahhh we all need a dream. Bob

To: J.T. who wrote (14966)	11/4/2002 3:40:01 PM
From: Alex MG	Read Replies (2) \| Respond to of 19219

well, it was another nice bear market rally while it lasted, they sure ramped it more than I thought, I still under-estimate the "believers" that still linger in this market... but now what?... rate cut #12 is gonna do the trick?... "don't fight the fed"?

To: J.T. who wrote (14966)	11/27/2002 3:20:00 PM
From: J.T.	Read Replies (2) \| Respond to of 19219

Nobody believes the rally. Then the next leg of the ramp takes us into Thanksgiving holiday the end of November. I get the feeling many are unsatisfied with this rally and that disbelief still persists. The market will continue to work higher now in chop and sloplike fashion. Nevertheless, Friday is a half day and if it goes countertrend like it did on July 5th it could work for the Bears on light volume. And it is only setting the larger stage for the 'perfect storm' in the market and that is UP well into 2003. Happy Thanksgiving all. Best Regards, J.T.