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 (8181)	7/19/2001 11:10:34 AM
From: J.T.	Read Replies (1) of 19219

The boyz at mission controls are at it again as they throw the curve ball and the market rocks. In Rydex analysis, it is more important to have a macroscopic view of the forest than to isolate on every zig and zag in microscopic view. Last night was a perfect example. IBM meets earnings but the rev and guidance going forward is fuzzy. The micro view. But the macro view had literally all Bulish sentiment ducks in a row and now we see the rally unfold at a most opportune time when you least expect it. Just the way the boyz like to play it. Like a stratevarious violin. The summer rally is advancing to the second floor after the first launch last Thurs. I expect this advance to continue into late August/labor day weekend in upward stairstep fashion that will frustrate most investors. Best Regards, J.T.

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