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


To: J.T. who wrote (17986)10/14/2003 5:40:27 PM
From: Ken Adams  Read Replies (1) | Respond to of 19219
 
JT,

Nice to see you back here. Thanks!!

Ken



To: J.T. who wrote (17986)10/14/2003 8:50:48 PM
From: t2  Read Replies (2) | Respond to of 19219
 
Seeing all kinds of calls for market top tomorrow....just scanned trading threads on SI.

That suggests (to me) that we are going to explode to the upside on the markets..especially Nasdaq. Have not seen any commentator, strategist that he is bullish on technology in the last 2 days on CNBC.

We could really explode to the upside from here..and probably will as these people start changing their minds. The Intel effect is going to be bigger than most people realize. I am just not paying attention to the small gains in futures right now..these traders are way off base as we shall see by the end of the day tomorrow. They are underestimating the significance of a large cap tech stock showing big growth.



To: J.T. who wrote (17986)10/15/2003 8:49:40 AM
From: Terry Whitman  Read Replies (2) | Respond to of 19219
 
Secular bull, eh? I dunno..

I just read the msg above where we are within short striking distance of ALL TIME highs in the A/D line! That is certainly interesting. Who woulda thunk it 8 months ago??

If we do hit new highs on the A/D- that would certainly be a strong indication that you are indeed correct in assessing a new secular bull market.

BUT- that would be at odds with past history. The '98-'02 period would have to be the shortest secular bear market on record. Not logically likely after the longest secular bull in history..