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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (5273)11/16/2000 8:07:23 AM
From: marginmike  Read Replies (1) of 19219
 
SOld my long yesterday going into fed, made great profit's, decided to trade a litlle. Qcom's failure to push through 85, says it will base in high 70's for next assault. We may rally this AM but I am in a trading mood, sell strength buy weakness its the way to make $$$ in this market. The Money figure and bullishness in Rydex is pretty disapointed considering market action. You would thinkl there would be some fear. The last time we got to this level short intertest much higher, and cash levels @1.7b
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