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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (2275)1/5/2000 4:41:00 PM
From: Copeland  Read Replies (2) of 19219
 
RYDEX. No Change. Remain Long 100% Nova S & P 500.

Today was a no brainer to go long on SPY after the initial fall, especially with the media talking about the great New Years crash yesterday -- always go contrarian to the local news. However, I'm back out. The employment figure on Friday should cause some anxiety on Thursday.

On a completely different note, the Gateway warning this evening should shell shock the box makers tomorrow. Wish I was still shorting Dell.

Best of luck to you, JT, and thank you for your wonderful insights. I always appreciate a good thread.

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