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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (11941)5/1/2002 10:25:52 AM
From: marginmike  Read Replies (2) of 19219
 
As I noticed yesterday, the prop job is failing, BKX 868 is broke, if 506 on the sox breaks we could really crash-ng-

To:J.T. who wrote (11908)
From: marginmike Tuesday, Apr 30, 2002 2:34 PM
Respond to of 11951

this rally is very suspect, IBM depite its chearleading is up less then .50. Futures trading below FV all day, and RTH and Housing stocks going the wrong way. The action in the BTK is the only strong positive that this rally has legs. This is the last day of thequarter this type of move is almost like clockwork on the 30th,31st. If we fade or dont follow through by thursday this advance will be erased quiker then it materialized. Then again I am short and getting clobered so I am biased-g/ng-
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