MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: marginmike who wrote (9864)	1/23/2002 11:35:34 PM
From: J.T.	Read Replies (1) of 19219

Think about it. Broad action is BULLISH. Rydex confirms it. BKX, XOI, DRG, IIX, SOX... This is internal index strength that will drag UP SPX and NDX by default... RUT very powerful reversal today... a lead sled dog index leading the charge. Yes, we will get a minor pullback in a few days... Enough to scare the money back to Money Market or Bear Funds again... Then we will gap upside open on the second leg up. This rally has into the first full week of February (7th and 8th)... Buckle up because the ZZZ forces are going to launch us into market stratosphere.. Got Mercury Retrograde? lmazzoff Best Regards, J.T.

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