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 wrote (125)	6/16/1999 2:57:00 PM
From: J.T.	Read Replies (1) of 19219

I sold 1/3 of my July DJX Puts for 50% hit this morning and now long June 108 Calls at 3/8 for "tinderbox trade". Stoke the fires a little. VIX is getting hammered, BKX is rocking off supports , RUT holds 431.50, NDX, COMP, NUTS, and bonds holding relatively firm (need to hold 6.08% yield)into the pits close, We should HOLD THESE EQUITY GAINS (DOW +138, SPX +25, COMP +85)AND POTENTIALLY rock in the last hour. LIONS AND TIGERS AND BEARS/////XXXXX... NO ITS BULLS.... LIONS AND TIGERS AND BULLS.... FOR NOW. OH YES. Out till late tonight. Best, J.T.

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