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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (1126)10/29/1999 4:11:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 19219
 
Mike, after examining the fundamentals and technicals of IMN i came to the conclusion that you're right on the money with that one. bought an initial position today...this could have huge potential.

regards,

hb



To: marginmike who wrote (1126)11/2/1999 11:46:00 AM
From: J.T.  Respond to of 19219
 
marginmike, the jury is still out on sustained higher market prices.

Market does look very strong right now as BKX got legs.

Everyone knows the rules of the game to get in early via MACD signal for this positive semi-annual seasonal bullish NOV thru APRIL indicator. However, when "everybody knows and plays the game, the market tends to change the rules".

Stock Traders Almanac states that during the last four non-incumbant presidential races like we have now, this positive seasonal period (nov-apr)tends to underperform the MAY- NOV period leading up to election time.

Best Regards, J.T.