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


To: J.T. who wrote (5530)12/9/2000 2:41:38 AM
From: herringbone_100  Read Replies (2) | Respond to of 19219
 
J.T.
your calls have been right-on last couple of days. congrats. have you digested after market events and given any thought to next week?
i took profits on 70% of longs eod, and am trying to come up with possible scenarios for next week. very difficult in light of external events.
was hoping to see data showing lessening of commercial short contracts, but it appears they are still net short. cannot decide whether today was a bull trap for buyers...



To: J.T. who wrote (5530)12/11/2000 11:22:21 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Sold CSCO at 54 13/16. Another small penny scalp.

I will be moving out of all long positions before tonights close in Rydex.

I am hoping XAU continues to get creamed now at XAU 49.51 down -1.56 down 3%. If so, I will be moving into XAU before tonights close.

Best Regards, J.T.