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

To: Lost to Voodoo who wrote (3075)	5/18/2000 5:03:00 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

albedo, To be sure, we got a bad close. All the major generals in the NDX are oversold except INTC. Now we will see if this is a one day false break and we snap back up tomorrow or if something worse lurks out there. I believe it is the former and have ante upped. In the scheme of the last 6 trading days, We have had 4 up and now 2 down and still have a higher low. And this close is the kind that puts fear in the eyes of Bulls. I am hoping with this close, Rydex OTC total assets will close in on 2.8 BILLION from over 3 Billion yesterday. Anything south of 2.8 Billion and i will be ecstatic. I see CIEN had good report after the bell. As long as International trade numbers are in line i see a hard rally tomorrow. If it is bad number - I am on the wrong side of the table. ggg This interest rate albatross will now start to dissipate. Best Regards, J.T.