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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Gamma Positive who wrote (11065)3/6/2002 11:46:16 PM
From: J.T.  Read Replies (2) of 19219
 
Phi Gamma Delta,

Amazing isn't it drowning in a red sea only a few weeks ago now back in black in leveraged series just shy of 5% year to date...

I am simply locking in this run back to just pennies above even (RYTNX)on the SPX wait for the pullback to SPX 1,138 - 1,142 area and jump back in long. BKX near triple overbought levels is driving this decision I read BKX like a book don't read too deep into why I do what I do.

NDX is closing in on double overbought has one maybe two more upside days if it can maintain this momentum other wise I continue to ride long here.

Best regards, J.T.
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