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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (17830)9/2/2003 3:12:07 PM
From: J.T.  Read Replies (1) of 19219
 
Market has gone white hot as shorts are getting squeezed relentlessly and mercilessly.

COMP and NDX now above triple overbought levels. Higher prices via Quadruple overbought levels is a possibililty as those left behind the return curve try to play catch and are forced in. Short term top dead ahead.
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