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


To: 2ripley2 who wrote (3098)5/19/2000 9:01:00 AM
From: J.T.  Respond to of 19219
 
2ripley2, welcome aboard.

Rydex is a Mutual Fund Family Series pure vanilla fund index where you can go long or short the market via NDX 100, SPX 500, Treasury Bonds (which I have not posted) and others

I use it as a contrary indicator.

Give it a few weeks and you will pick up the lingo.

As for JDSU changing of the guard.... I don't read anything into it. KK is burned out and reprioritized his life and he should be commended. The new CEO has a proven track record..

WCOM was a blow to market and MSFT is closer to the end of the damage than the beginning.

I think Sherlund over at Goldman Sachs downgraded MSFT (87 area at open) at market close MSFT 82 will look to up his target of MSFT from these depressed levels sometime in the next month... But that might be at MSFT 60 level.

Best Regards, J.T.