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 (8382)	8/21/2001 9:45:35 AM
From: James F. Hopkins	Read Replies (1) of 19219

JT ; I took time to try something new with NOVA and OTC, using the nav/ta = shares ( like i was) I did an average on my time window from March to now (side by side) on both the change percentage of the NAV and the change percentage of Shares out. In that time window both Nova and Otc hit it's very highest ( BULLISH) percentage Friday..( there were less shares out by average percentage relative to the Nav than at any other time ). I would say it's extremely bullish , ( except for the dollar). I took off some Qs yesterday taht I bought Friday, but I held the UOPIX ( which I also added to Friday ). Jim

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