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

To: bruceleroy1_- who wrote (15315)	12/4/2002 3:54:39 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 19219

OTOTOT I know for a fact that Raptor nailed the bottom in October and Jeff on the P&S thread warned the thread in October that short may not be the way to go. So they definitely were not perma-bearish. That may be... there's so many posts on those threads its hard to keep up. I think it was Jeff who wasn't around during this bull phase so its hard to say how he would have called it. His "naz might not be a great short here" is not exactly a call to buy with abandon. But at least it was something in the right direction. The problem with da chief, is he uses that CLX indicator and posts the results every PM... -6n12, things like that. Its a short term indicator and I believe it has often been bearish. But unless you know how to interpret the CLX you wouldn't know. Long term he has a 4 year cycle low and dow 16000 which might seem ludicrous but the problem is lt predictions are hard to validate... so Steve Lee and Jeff think we're going to naz 700 in 2 years and da chief thinks we're going to dow 16000 at some point, so what? In the meantime we could have a sharp rally to 2000 on the naz that wipes all the bears out and a resulting decline to 700 that kills the bulls. As far as the short term, the CLX indicator seems as good as anything to me. Personally I like Carpino, he seems pretty good. wrt MITA... I think Rydex has suffered this year with the decline in retail investing... it was retail that used to be dumb money and they are gone. The ramifications of no retail investors is actually bullish LT imo. But anyway you are correct the rydex contrarian sentiment didn't work earlier this year. The other stuff JT tracks like member buying seem right on. Lizzie

To: bruceleroy1_- who wrote (15315)	12/4/2002 3:59:14 PM
From: dvdw©	Read Replies (2) \| Respond to of 19219

It's simply the difference between Investors and traders. MITA has always been a place where Investors came and chatted, we have always been attacked by traders who want calls on index movements etc. Want to know why were not short this or that, why we should Sell Investments to accomodate a trend. Investors are not traders get it through your head. Markets go up and down,not everyone plays the game or for that matter even views the game the same way. Why not accept that. I for one Promise to never go to your favorite thread and warn you that you might miss a move.Damn curiosity with market dynamics, keeps us here, measuring PSYOP effectiveness one post at a time. PS leave your favorite thread data where it can be properly logged and credited to your wishes.

To: bruceleroy1_- who wrote (15315)	12/5/2002 4:30:59 PM
From: J.T.	Read Replies (4) \| Respond to of 19219

But *I'm still waiting for Da Chief or MITA to warn of an impending drop* in the market.** The only "objective" warning I've seen is not to miss out on the "meltup" and then when the market finally does have a dead-cat bounce they are busy laughing their azzes off at the dumb bear bagholders. Selective memory? I've called the last two pullbacks in this leg up which you have failed to recognize: Message 18205498 Message 18293840 As for the threadheader, why you being so petty? MITA is under the Market Trends and Strategies heading. I have explained what the thread started out as and that it was too tedious for me to manually update. I asked for help and no one volunteered. So I switched course and emphasized Rydex and sentiment analysis and less TA. Bobby Beara and Walt Deemer have helped me out with Rydex updates and I still have TA in my Rydex updates. I asked for input on threadheader change and I get only 2 responses. So I will maintain my apathy and keep the thread header as is. Seems only a few are bothered by the threadheader and you seem to be at the top of the list.