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 (2797)	5/4/2000 11:09:00 AM
From: marginmike	Read Replies (3) of 19219

I again bought some Q calls in the AM only to b low them out at a small loss. I think the market is instore for a crash of historic proportions before end of MAY. I think Techs are still way overvalued considering a 7% long bond enviroment. I expect tradeable rally after NAZ 3000. There is no cash out there and NO fear. I think Qcom has some great news coming, but Ill sit this one out. I have a net 10,000 in 5 option trades in 2 weeks. This market is completly ILLIQUID. Any major Negative and we come down HARD!!! It was illiquidity that exasberated 98, lets see if history repeats itself. DITC chart looks awsome if you had to trade something!

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