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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (72419)	4/29/2003 6:30:16 PM
From: ajtj99	Respond to of 209892

Uh, wasn't that this morning when you'd have been scaling in? <G>

To: John Madarasz who wrote (72419)	4/29/2003 6:38:52 PM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

All the best with that. Wthdik. Down from here is still a distant second choice for me. Sure, a good couple of days of going down, which I don't see today, and my tune wil adjust. For now, I drone the same song -- NDX 1162 minimum.

To: John Madarasz who wrote (72419)	4/29/2003 7:48:10 PM
From: bcrafty	Respond to of 209892

John, here's a 90.47% nudge for you as I know you're a history buff. From Aaron Task tonight @ thestreet.com quoting Rainsford Yang: "On Monday , I referred to the recent spike in bullishness in the American Association of Individual Investors' survey. As of April 24, bullishness had risen to 63% from 46.3% the prior week. I hinted that such a leap in retail bullishness could be a sign of a pending market retreat. Supporting evidence arrived Tuesday, courtesy of Rainsford Yang of Astrikos.com, a Web site dedicated to market timing. Since 1991, the AAII bullishness has risen above 55% in the same week in which the S&P 500 rallied 21 times; that's prior to last week, when it also turned the trick. In 19 of those previous 21 occasions, the S&P reversed course and posted a lower weekly close within two weeks, Yang reported. 'While small investors can keep the market on an upward course for a week or so, they don't have the kind of firepower that typically leads to lasting rallies.' And often, those small investors get excited at just the wrong time."