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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (2334)1/14/2000 3:25:00 PM
From: fut_trade  Read Replies (3) of 19219
 
...your decision to go short?

Don't put too much emphasis on my decision. I'm a trader and will abandon my short position if it goes against me. The breadth is still ok, although as you say, it's a lagging indicator. Markets don't crash from their highs, but they can drop a bit.

There is no economic news next week, and we have an interest rate hike coming up, so I think that's a negative.
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