MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: James F. Hopkins who wrote (9042)	10/18/2001 1:34:24 PM
From: J.T.	Read Replies (1) of 19219

I want to buy the dip but not yet. You know me, I will buy the dip in SPX and may be early. <g> NDX technicals definitely appear stronger, but I like the SPX sentiment read better. CBOE P/C Equity Index ratio at .90 now and with any late day selling, if it materializes similar to yesterday, P/C ratio potentially closes over 1.00. BULLISH./ cboe.com Best Regards, J.T.

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