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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: leum who wrote (6131)1/17/2001 2:53:09 PM
From: macavity  Read Replies (1) of 19219
 
I think a rally makes sense, but I am not sure about one just now.

When the market gaps up because of INTCs earnings and announcements, and INTC closes down then I think that there is a disconnect somewhere.

I have timed this rally absolutely appalingly. The next time I think that there is going to be a good move I am going to use options. I will give a live offering to my God for making me buy my tech shorts yesterday when the SOX was down 6%.

I have no clue at the moment, there is a big disconnect in my own head. If we keep on rallying into FOMC then I guess someone is going to be disappointed.

No-one said it had to make sense.

- macavity
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