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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Big Bucks who wrote (24661)9/27/1998 4:00:00 PM
From: Gottfried  Respond to of 70976
 
Big, I used to like John M. Too bad he is going off the deep end.<G>
If you read the whole interview (I can get you a copy if you're not
subscribing), you will probably notice the wishy-washyness and
his non-sequitur statements. Like...

Thegreendragon: What specific long-term indicators would have to turn?
And do you have specific points that we should look for to see a return to a bull market?

Jmurphy: Well, a lot of things would have to change. There isn't any
one specific indicator.

WSJ_Host: What would be at the top of this list?

Jmurphy: The top of the list is always the price action. If most of
the major stock averages were to move back above their 200 day averages, that would be a good start.


GM
I think TA is useful for entry and exit points,
but not to make predictions a year in advance.