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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: budweeder who wrote (7546)4/11/2001 10:15:17 PM
From: Skipperr   of 19219
 
Hi Bud,

Regarding Dynamic funds, I have limited myself to going long only on the PM close. It seems that's when the pros take their positions. I like the AM close to get out of positions. Right now, I'm 100% in cash.

Two of the systems I follow are on "buys". I am concerned about buying in at the high here. Somehow I can't get out of my mind the 90% 1942 correlation to our current market:
mrci.com

The long term weekly and monthly charts are still trending down. I like to invest with the longer term trends.

I'll wait to go long a little while longer.

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