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 (8377)	8/20/2001 11:39:28 AM
From: SpecialK	Read Replies (1) of 19219

JT, Been following this data for the last month(lurking) from Stock Attack thread. Wonder what you make of the 2 statements below. From 10/18 to 4/4, the NDX Long OTC has moved from 2549 to 969 (trending lower). If this lowest close since April 4th holds, it means something. If the markets head lower, doesn't the NDX Long funds head lower with it? IF NDX goes to a double bottom, but the NDX Long fund is lower, would you view it as bullish or bearish convergence? Appreciate your work here, just wondering the bullish signs the last few weeks as we've headed lower. Thanks, Ketan NDX Long - OTC 969.5 Million**BULLISH- Lowest close since April 4th rydex 10/18 nova 355 ursa 297.5 otc 2549.9

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