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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (12126)5/8/2002 9:59:21 AM
From: marginmike  Read Replies (2) of 19219
 
I dont think this sticks JT, admitingly I am short but a blast up like this stinks of bear rallies. I would like to see the whole move retraced and a slow grind back up to take place instead to believe this is sustainable. So far not impressed. I dont feel strongly enough to take a position, but I believe this is similear to DOW action of last week where for two days it went up the splat back to where it started.
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