MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (12626)	6/9/2002 2:01:10 AM
From: lifeisgood	Read Replies (2) of 19219

Meanwhile, back at the ranch, The NYSE members have **MATCHED 1995 year end consecutive week accumulation conundrum and now have amassed 777,844 Million Shares bought and buried 14 out of the last 15 reporting weeks since Feb 15 with two week lag delay. Doubly explosive is the specialists continue to get outshorted by the inmates as the public continues its short binge now 22 weeks in a row every week in 2002 since the 12/21/01 reporting week. The notion that the "smart money" is long is simply not supported by the current facts. Instead, it appears that the pro's are getting shorter and the daytrading speculator is getting more bullish. This is NOT a good thing if you're long. softwarenorth.net best... LIG

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