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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (10931)3/2/2002 7:16:07 PM
From: nsumir81  Read Replies (1) of 19219
 
Its not daytrading in the conventional sense, but it is trading on a fairly short term basis...

I agree Rydex readings are position readings but I have seen you get in and out many times within time spans of as short as 2-3 days (and quite often successfully).

So the point is, why wait so long this time?

I think, it is simply a case of playing a bounce and getting caught in a longer term downtrend and waiting, waiting for a rally to come out of it.

You may come out of it again, I think.
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