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 (3385)	6/1/2000 3:37:00 PM
From: J.T.	Read Replies (4) of 19219

Rydex. Switch 100% from SPX Long NOVA to 100% Short URSA at tonights close. This is a contrary move and how the market reacts to employment numbers makes you look like hero or clown. A second higher close tomorrow confirms the summer rally and a failed second day back to back follow thru sets it up bigtime for the fall. The way the numbers are now the market is going in looking to rally off the number. I am in the minority. Best Regards, J.T.

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