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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: High-Tech East who wrote (15814)1/19/2003 11:34:11 PM
From: J.T.  Read Replies (2) of 19219
 
I think the market is going to find its low b/w Jan 21-24 next week.

I can't quantify how low the BKX, COMP, DOW or SPX will pull back, but will say that it will be enough to get Bears super greased up before the Bulls launch the next rocket.

The last week of January is too dangerous to stay short.

Plus, the Raiders are going to win the Superbowl next Sunday.

The market has gone up in all 3 years the Raiders won the Superbowl. 1976, 1980, 1983.

Best Regards, J.T.
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