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 (3938)	7/21/2000 10:42:11 AM
From: Druss	Read Replies (1) of 19219

JT--We are in a very shaky market and it has of late shown no strong trends in any direction. My feeling is that the uncertainty has led the commercials to hedge just about everything. Naturally enough they would rather not do so as hedging costs them money if it turns out unnecessary but with the market showing no clear long term trends they are doing so. My view is that they want to be in the market, after all it has been a fabulous cash cow the past few years. But they are trying to lessen the risk of a crash. All the Best Druss Just the musings of someone with no real TA skills.

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