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 (3345)	5/26/2000 1:41:00 AM
From: 2ripley2	Read Replies (1) of 19219

JT, actually maybe early selling for holiday weekend had just as much to do with it as anything else... for QCOM & JDSU & the Nas overall. I felt a little uneasy about the huge Weds. recovery... with just 2 days to go til the long holiday weekend... especially, given the down trendline... & the talking heads & guest analysts @ CNBC generating a self-fulling prophecy, retest... 2900... retest... 2900... yada yada yada. This uneasiness kept me from getting my JDSU shares @ 74 (may get another chance Fri). It also kept me from grabbing ORCL @ 60 & QCOM @ 70, which would have put me into margin... however, in hindsight, selling 90% & retaining 10% for core would have made me a bundle on all 3. Enjoy your postings on Rydex (not sure I fully comprehend, but your commentary helps). Keep up the good work! We DO appreciate your efforts. Warmest regards, 2rip

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