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S&P 500
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denmo83

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denmo83

Re: MSGI post# 8272

Wednesday, 03/23/2005 5:38:16 AM

Wednesday, March 23, 2005 5:38:16 AM

Post# of 12022
MSGI...

I think we are directly in front of a large bounce.

The cycle guys, whom I feel make some outstanding calls, agree.

There should be a small bounce into next week, followed by a tradable bottom on or near April 4th/5th.

Nasdaq 1975ish lines up nice.

Decline volume on pullbacks, rising volume on rising prices, positive divergence and oversold stochastics. All bullish. I don't feel we are looking into the abyss. Just my 2 cents.


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