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


To: fut_trade who wrote (1775)12/7/1999 4:12:00 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
Peter, I have never seen anything like this.

This action is so sloppy it wreaks off a huge imminent sell-off to clear the excesses.

The excesses are beyond speculative. This has now taken on a new level of casino gambling.

This market is going to get hung by the cajones like a Montana Mule. And it ain't going to be pretty.


BKX, UTIL, TRAN are crashing. DOT and IIX bubble gets more hot air pumped into it...YHOO.. MSFT sloppy action into the close.

We are going to get a huge two to three day sell-off... And I believe it is dead ahead within this expiry period between now and next Friday.

Best Regards, J.T.