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	1/23/2001 12:49:54 PM
From: David Lee Smith	of 19219

MomentuMonkey Indicator 1/23/01 11:45 CST: Target price 1306 Spread -3.3% Momentum: Positive Valuation: Neutral I covered my UltraBear funds and went into money market. The negative spread shows the market to be slightly over-valued, but the valuation parameter shows it is not over-valued enough to be a significant drag on momentum. I'm not going to fight momentum here, but wait until it goes back Neutral. I will not know the extent of my loss until after tonight's close.

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