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 (8590)	9/21/2001 6:23:27 PM
From: James F. Hopkins	Read Replies (2) of 19219

That looks promising ( at least short term ). We need that put/call ratio up for a while VIX too, & if it falls to fast when we do rally then I'm out for good. ------------- The very High trin was good too, in spite of the down market a trin taht high indicates more than just selling , I've always liked real high trins not half high , as the real high ones are caused by shorts jumping in on every uptick and when they do that a rally is close. Up to now not a lot of new shorts hit the market but it seems they did today. Rally should start by midday Tuesday or before. I just hope the VIX don't fall too fast when we start up. Jim

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