MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: marginmike who wrote (2870)	5/10/2000 4:27:00 PM
From: J.T.	Read Replies (2) of 19219

marginmike, futures tomorrow morning pre-open I hope are down hard. VIX will spike above VIX 35, TRIN will spike above 2 and they will rally it into the bell after hitting intraday lows. The fear factor has finally emerged and it is time to buy when you see the whites in the boomers eyes. You were livid two days ago when DITC was at 105.<g> Now you get it back at the price you sold it the first go round 89 level.. I want futures down hard pre-open tomorrow. AMAT should help pressure it lower. <g> The bottom is very near. 50 basis point in may, 25 in june and we are DONE before elections. Economic growth numbers will slow down and this will become evident by the time august fomc meeting comes. Once the market picks this up it is rally time.. May June will rock. Good Luck. Best Regards, J.T.

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