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

To: Lizzie Tudor who wrote (16042)	2/4/2003 8:51:22 PM
From: mishedlo	Respond to of 19219

When that low gives way. That is WHEN not if, how will you revise your strategy. I am 95% confident the bottom is not in. Naz 900 spoos 400 dow 6000 should all hit IMO. M

To: Lizzie Tudor who wrote (16042)	2/4/2003 8:56:35 PM
From: nsumir81	Read Replies (1) \| Respond to of 19219

I too think the next 'low' will not break Oct lows but that it will not be the ONLY retest. That there will be another 'low' after that, that will break the Oct lows. The Oct lows will be just that..the lows for October like that..coined it myself ;)

To: Lizzie Tudor who wrote (16042)	2/4/2003 9:05:39 PM
From: Alex MG	Read Replies (1) \| Respond to of 19219

What is your factual evidence that the mkt is about to break new lows. Did I say that?... No, that's not what I said I said, "if you look at the cold hard facts the odds are very strong we will see lower lows" The facts that tip the scales to lower lows are pretty simple - Historical valuations - Historical trough valuations at end of bear markets. - Considering the historical magnitude of the bubble we experienced the inverse reaction (bear market) pendulum swing is likely not over. - Is there any evidence of a real turn-around in earnings? Enough evidence to support such lofty forward valuation multiples??... No, actually just the opposite, the recovery keeps getting pushed back, once again. of course you may want to ignore all what history tells you about how bubbles finally end, you may think this time "it's different", and of course we surely mustn't "fight the Fed"?? lol! There's enough evidence for me there, and I didn't even bring up the impending War