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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: bobby beara who wrote (15480)12/10/2002 11:45:33 PM
From: J.T.  Read Replies (1) of 19219
 
You aren't going to believe this, but double your pleasure Rydex NDX Short Venture just took out the October TA highs.

Also, SPX Short URSA spiked higher as well.

Money piling on Bear Funds for another orgy - the trap has been set.

Watch the numbers in II get shaved in tomorrow's report.

Also, Consensus Bulls has a lot of upside before I will get Bearish. Will drop below 50 tomorrow and north side of 70 will get me Bearish.

I will continue to ride this rally all the way to the bank.

Best Regards, J.T.
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