MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: TraderXx who wrote (10419)	2/15/2002 8:27:27 AM
From: macavity	Read Replies (1) of 19219

That's what makes a market! TraderXx - you may well be right. My problem is the daily trend is still down, and we are now o/bought on daily. We may rally for the intermediate term, but this rally from $SPX=1080 is probably over/ending. I am seeing lots of reversals in key stocks and indices in daily charts. I am looking to get shorter on any breakdown here. Good luck all! (It's all in the money management anyway). I am getting positive momentum signals as well, but these are for drug stocks. -macavity

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