SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Geoff Altman who wrote (5297)11/22/2000 7:30:26 PM
From: J.T.  Read Replies (2) of 19219
 
Geoff, Great to hear from you again on MITA.

Bobby B did a great job explaining my simplified answer in broader detail.

What is the best indicator of when the turning points start, Put/Call?

High Put/Call equity/index ratios, Rydex Capitulation of Long Funds and increased money market levels, high VIX levels above 30, TRIN levels above 1.10, and double oversold positions on the 5 day RSI levels among the leading market indices that I follow.

All of these sentiment measures were achieved today. We are gona to commence an imminent rocket launch rally over the next trading day or so and will last into the first week into December, imho.

Happy Thanksgiving to you and yours-
Send Nicki my best.

Best Regards, J.T.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext