MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Killswitch who wrote (14529)	9/7/2002 10:31:21 AM
From: Killswitch	Read Replies (1) of 19219

Rydex numbers show what we saw yesterday... no one really wanted to buy long, and shorts did not cover- in fact in some cases they added. The situation appears to be that barring some kind of good news or other factor to change this situation, we do have a good chance of topping out next week in low 1300s and then continuing the drip drip drip down as more longs throw in the towel.

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