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 started this subject	1/10/2001 1:01:03 PM
From: David Lee Smith	Read Replies (1) of 19219

Corn fusing market indeed. The MomentuMonkey Indicator remains unchanged at SELL. I am 100% Ultrabear Pro Funds. Both the Momentum and the Valuation indicators are NEUTRAL. What I gather from the model is that the key to this decline lies in the earnings announcments coming up shortly. The market has gone flat to listen, but unless earnings start coming in far above estimates, the risks lie on the down side.

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