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

To: High-Tech East who wrote (16632)	3/26/2003 10:45:56 AM
From: yard_man	Respond to of 19219

two back to back declines here biz.yahoo.com one more month and you can kiss the homebuilding sector goodbye -- let's see -- what's left of the pillars -- autos -- done for the next two years at least housing -- starting to crack finance -- got to see what rates do unemployment -- still rising ah ,yeah -- it must be the bottom -- everything looks bad. Contrarians should go long <vbg> DOW 9K would be a wonderful shorting oppty, IMO.

To: High-Tech East who wrote (16632)	3/26/2003 11:45:51 AM
From: J.T.	Read Replies (1) \| Respond to of 19219

Ten Year yield back down to 3.96%. Lots of room for the market to run until we hit 4.3%. For the market to do my bidding for today, I would like a rally back to breakeven or even slightly positive into the last hour today and then a decline all the way into the bell have the DOW down say 60 - 70 points and SPX, COMP losers say 3-8 points... But trading these down wiggles are worthless until the market gets double overbought again.. In the meantime, from my biased vantage point, the trend is still UP and all pullbacks should be bought. Best Regards, J.T.