MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: SGJ who wrote (19043)	3/9/2006 11:48:53 AM
From: J.T.	of 19219

We should rally nicely this afternoon. Europe, with DAX lead sled dog, closed up nicely today. 10 - 2 Year Bond Yields are back to positve slope - So bonds are stabilizing. Oil Stocks XOI and OSX have come off the lows. OSX has turned green. SOX and IIX should lead Nasdaq. But GOOG must stabilize and reverse back green. What does this mean? We rally into the afternoon smartly. Let's see what Mr. Market wants to do This is all getting set for Employment Report tomorrow. Could be a one day delayed rally effect on the freeze play going into Friday. Just my 2 cents. Cheers, JT

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