MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Alex MG who wrote (17112)	5/8/2003 11:19:17 PM
From: J.T.	Read Replies (1) of 19219

However, as an alternative, if the indices do successfully test these moving averages over the course of several weeks, then it will be clearer a longer-term low has been established and long positions will be warranted. This is what they call the point of recognition- and it will be too late. Rhodes is already violating his own Trading Rules #1, #2, #4. Trading Rule #13 then gets violated as he will try to play catch up for the losses this year and press trades. Rhodes already missed the second half of Rule #17. Best, JT

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