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

To: J.T. who wrote (16823)	4/7/2003 10:28:26 PM
From: bobby beara	Respond to of 19219

home.thegrid.net jT, here is a chart i produced early on in the war rally, it shows that we have a potential for 940 area in spx, the gains of this rally are largely behind us, i believe, and after all the good news of the war is out, they will sell the news, i doubt we have something that will take us out of this trading range, in 1991, the collapse in commodity prices and the emergence of the mass spread of the technological revolution created a new bull market, however the tech revolution has peaked and receded, the retraction of commodity prices is not enough to create a new bull market.