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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (9263)10/31/2001 1:13:13 PM
From: James F. Hopkins  Read Replies (2) of 19219
 
Damm JT, this don't look right at all, we closed
yesterday on a critical point and this morning looked
good but we are falling back..a lot can happen from
now to the close..but we better not close down
as if we do I'm afraid the party could be over.
This rotation don't look real healthy either,
while I think we will hold I'm sure not as
bullish as you are.
I dumped my puts this morning, ( should have yesterday
but I have had a habit of selling to soon and decided
I hold for another day )..
This is very undecided market..
I did roll back into my GLW spread..
( the one I had an converted to a long, is now
converted back to a spread )
Also jumped back on CNC but sold forward calls so that my
risk is 1.75 per share against being called at $5
Jim
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