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

To: J.T. who wrote (16843)	4/10/2003 2:34:14 PM
From: yard_man	Read Replies (1) \| Respond to of 19219

dude does seem given to extremes -- I'll hand you that <ng>

To: J.T. who wrote (16843)	4/10/2003 2:36:29 PM
From: yard_man	Read Replies (1) \| Respond to of 19219

I would be careful taking that article as contrarian, though. II says there are a lot of bulls out there still waiting for 91 replay ...

To: J.T. who wrote (16843)	11/3/2003 11:59:11 PM
From: J.T.	Read Replies (2) \| Respond to of 19219

Robert Prechter - DOW below 4,000 by end 2003 April 2003 Blast from the past Courtesy Forbes- forbes.com Robert Prechter, editor of the Elliott Wave Theorist, is about as bearish as they come (as you might detect from the title of his 2002 book, Conquer the Crash: You Can Survive and Prosper in a Deflationary Depression). Prechter views the stock market as a meter of mass psychology and social mood that fluctuates in a series of (Elliott) waves found throughout nature. The primary trend in stocks since January 2000 reflects anger, fear, negativity and social polarization, but occasionally yields to brief periods of optimism, such as the rally in stocks that began a week before the war. "Everything is wrong with this market--volume is weak, the breadth is poor, and optimism is way too high for this to be a bear market bottom," says Prechter, who calls for the Dow to finish the year below 4,000. "Stay safe above all and keep your powder dry, so you can take advantage when stocks rally from much lower levels," advises Prechter. His service recommends shorting Bank of America (nyse: BAC - news - people ) and Symantec (nasdaq: SYMC - news - people ), as well as buying Rydex Ursa ( RYURX) or Tempest ( RYTPX) --both of which short stocks in the S&P 500. ************ Less than 2 months to go... or... Prechter been talking about doom to the market since 1987, 1990, 1995 wada TIDAL WAVE UP, 1999 and here is the latest update to Conquer the Crash someday... at the end of the world... arma