Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: J.T. who wrote (15483)	12/11/2002 12:25:48 AM
From: bobby beara	Respond to of 19219

Also, when the vociferous ones show up on MITA, it has marked opportune times to get long after pullbacks of late.<< that may only be for a bounce in a downtrend, JT you have start incorporating trend following indicators into your analysis, contrary sentiment is only important at the turns and the levels of contrary sentiment that can cause turns are only known by Carnac and locked in a sealed mayonaisse jar under Funk and Wagnalls Porch, (no where near Voltaire's Porch -g-) (sorry only oldesters will get this joke -g-) the reversal on some of the leading stocks off the 12/2 top are quite striking, even though the volume has been light. The market may have made an about face, and bearish sentiment is no longer a contrary indicator, until it gets extreme, on all counts, not just rydex.