MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who started this subject	12/4/2002 5:04:52 PM
From: macavity	of 19219

This thread is getting hilarious to read. Chill all! Just plan your trade then trade your plan. I find that most people when they discuss are generally discussing different things - most likely different timeframes. I am a LTSH (Long-term Sell & hold) for now. There are many reasons for this but the technical picture says it the best. There have been good rallies, and there will continue to be. W.r.t to the $SPX for the next 1 - 3 mths. I feel we have had about as much upside as we gone get. We may creep to the 1yr (E)MA or maybe not. IMO we will pullback and test the buying strength below in the next few weeks. This pullback should tell us if we have another leg up or not. For now I have no idea. No predictions; just reactions. Long KGC, ECO Chill! -macavity

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