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

To: J.T. who wrote (1621)	11/30/1999 4:14:00 PM
From: fut_trade	Respond to of 19219

No confusion, I was watching the DOW wobble near 10880 which I think you said needed to close above. The DOW looked to be the only thing with any strength at all, so I was thinking that's why you decided to cover. Then it dipped below 10880 and then my computer died. At any rate I phoned my broker and covered SPY @ 139 1/2. I have no position now until I see 140 tested again. I have a feeling the markets will gap up tomorrow, which may present a good opportunity to short. At any rate I think your call was fine for now, although I wouldn't go straight from short to long just yet.