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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (7941)6/1/2001 6:33:49 AM
From: Walt Deemer  Read Replies (1) of 19219
 
Chris Carolan's latest update just arrived. Outlook for stocks remains down, but tendency for market to rise at the beginning of a new month plus upside-downside volume statistics suggest a small rally is possible. "If a one or two day rally materializes, it is likely a good shorting opportunity".

Gold: "After proclaiming for a year for traders to watch out for gold's tendency to top on new moons, I remained bullish at this most recent peak. The original scenario for a low in August looks back in play."

P. S. Could you ask Rydex to give OTC and Money Market assets beyond the nearest hundred-million on their new automated hotline?
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