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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (5680)12/20/2000 12:47:07 PM
From: David Lee Smith  Read Replies (1) of 19219
 
MomentuMonkey says SELL! The MomentuMonkey Indicator has been downgraded from NEUTRAL to SELL. Nearterm S&P 500 Index target 1222, down 4.4% from current level of 1278.03 at 11:35 CST. Momentum has been downgraded to NEGATIVE from NEUTRAL. Valuation remains NEUTRAL. I remain 100% in Pro Funds Ultra Bear Fund (2x S&P 500). JT, your comments are right on!
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