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


To: Steve Lee who wrote (14989)11/5/2002 2:31:50 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 19219
 
why would it seem to be an "astute observation", looks more like denial to me.

The number of bears that have crashed the few remaining non-perma bear threads, of which MITA is one (notice I am not calling MITA a bull thread, just one of a small set of threads remaining not calling for an immediate crash to 800 on the naz)... is a tell to me that there are tons of hurting shorts, or bears in denial. And we;re getting some healthy backing and filling too on the upswing (although I know there's tons of gaps).
Lizzie