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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: yard_man who wrote (17251)6/5/2003 11:12:49 AM
From: J.T.  Read Replies (3) of 19219
 
Market Churn now.

Some of my fav indicators/stocks exhibit churn.

After yesterday's whipsaw.

An elastic band 20-25 point band north/south of
SPX 965 now developing, imho.

Tomorrow is going to be extremely tricky with the
employment report.

I want to stay short but scared as hell with
an additional upside capitulation whipsaw before
smart pullback.

I may go to cash for 1 day in Rydex.

Wait for last hour.
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