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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Shack who wrote (7787)5/16/2001 2:12:39 PM
From: J.T.  Read Replies (1) of 19219
 
I think the move in non-tech is the last wave of the large rally off of the Mar 22 low. It sure looks that way on the daily charts. Therefore, I don't think we just blast off from here

no non-tech blast-off?? what do you mean?

DOW is up huge up 235 to DOW 11108 SPX up 25? A break-out no?

and actually there is a decent shorting opportunity coming in non-tech as we begin to correct the entire move form March.

What are u planning to short?

Best Regards, J.T.
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