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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (12059)5/4/2002 2:46:19 PM
From: Challo Jeregy  Read Replies (1) of 19219
 
JT -

NDX Long - VELOCITY 148.4 Million**BULLISH Double
Oversold Lowest TA Since 10/30/01


I have a low reading of 146.1 on Feb. 28th, 2002. Also, on that day, the long/short ratio of the regular series
was 18.53. Yesterday's ratio was 22.92%, the highest reading, so far.

Mar 1st was the start of a nice little rally. We are getting close to another one, imo. But not quite yet.

Thanx, once again, for the rydex updates.
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