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 wrote (7512)	4/5/2001 3:19:28 PM
From: J.T.	Read Replies (2) of 19219

Rydex. With NDX now at break even for me from entry three trading days ago... (NDX 1516 4/2/200s close) I will book potential profits before tonights close. While todays action quite Bullish, and i'm am Bullish over the intermediate term, we still have China exogenous situation into the weekend and potential for more warnings after the bell tonight. NDX at NDX 1520 up 149 up 10.85%. We are at SPX 1150 resistance levels right now... We can have one close above this level today and turn back down tomorrow for one day false upside break. My intermediate target remains SPX 1208- SPX 1228. Dynamic Series, Switch from NDX Long VELOCITY to SPX Short TEMPEST before tonights close. Regular Series... No change. Remain 100% XAU Precious Metals. Best Regards, J.T.

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