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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Kirk © who wrote (19020)2/22/2006 3:44:02 PM
From: J.T.  Read Replies (1) of 19219
 
Amazing the latest Investor's Intelligence Numbers confirm your chart:





Date Bullish % Bearish %
2/22 45.3 29.5
2/15 48.9 27.7
2/8 51.6 25.3
2/1 52.6 25.8
1/25 53.7 25.3
1/18 57.3 22.9
1/11 56.8 22.1
1/4 55.7 23.7
12/28 60.4 20.8
12/21 55 21




It is extremely important to reap the bulk of the profits in the last leg up in any Bull run - **IF** this is the last leg up.

BKX, XBD at all time highs.

The market by definition is not in Bear Market with finanicals at all time highs - representing 20% + of the SPX weighting.

MID and SML within a few points of all time highs.

I will continue to LET IT RIDE LONG.
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