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 (14108)	8/8/2002 3:05:39 PM
From: lifeisgood	Read Replies (1) of 19219

Agree J.T., The market is set to put the crimp in some overconfident shorts. Just took out yesterday's high on the SOX. What many amateur shorts don't understand is that short-term market moves are ALL about psychology and have nothing to do with fundamentals, double-dips, housing bubbles, etc. IMO we will see a VIX < 27 before bears will have anything meaningful to growl at. I went long some beta on 7/22. Most all are green at present. best... LIG

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