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


To: J.T. who wrote (5482)12/6/2000 11:23:35 AM
From: ronin2121  Read Replies (1) | Respond to of 19219
 
JT,

Excellent calls recently!
Is there a reason why you don't trade SPY or QQQ or
other indexing stocks where you can do it intraday,
vs. the Rydex funds, where you have to trade EOD?
Continued success,

Ronin



To: J.T. who wrote (5482)12/6/2000 11:26:59 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
I love this BKX daily chart shows the 5 day RSI in double overbought condition above 80 right into the upper half of the zone BKX 860 - 880 now at BKX 874.

charts-d.quote.com:443/976119899660?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:BKX.X&Interval=D&Ht=400&Wd=600&Display=0&Study=RSI&Param1=5&Param2=&Param3=&FontSize=10&BgColor=0.255.0&TBgColor=0.255.0

Can it go higher another day? Yes.

But I will lock in spx long money gains tonight I hope BKX keeps going higher into the bell and drags up the SPX near session highs...

SPX still down 4-5 points

Best Regards, J.T.