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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (8467)9/5/2001 3:25:22 PM
From: James F. Hopkins   of 19219
 
I had hoped the MM would have moved up more,
the 30th still holds the best relative percentage,
maybe today will do it, but the late bounce don't
make that likely.
--------------------------
Over all If we test the NDX April Lows, and it looks
like we have a good chance of doing it, then I will
think a lot hinges on the MM funds when we do.

IE if we test the April low and there is More in the
MM funds than in April then I think it will hold and we rally.
But if we test that low and there is less in the MM
funds than there was in April then we are in trouble.
Jim
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