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


To: Challo Jeregy who wrote (5603)12/15/2000 12:14:15 PM
From: J.T.  Respond to of 19219
 
Challo,
You are a one-man show

Maybe with rydex, but it is input from people like you, and all the others who post on MITA from time to time that I am able to broaden my horizon and learn new things everyday. Content grows richer everyday with new posters and we don't hurl innuendoes or blows below the belt although it goes on from time to time cross-threads.

For me rydex has been a blessing it is self -imposed and forces me to write everyday when I sometimes would rather rest and gives me a good pulse of the market when times are toughest. It is at these times where you make the most money and accelerate the learning curve. Nothing comes easy we learned it after the 87 crash and welearn it today in this grind-down action.

JT, you are bearish but playing bullish when you go long. So am I. I think all the traders are like that. Part of the thrill.

That is exactly dead on. Yesterdays models don't work and need to be tinkered with. Buy the dip is dead and everytime you have averaged down since september you have been burned it is like chasing good money after bad. Now the pain accelerates for the dipsters. If you have the deep pockets and staying power it will work over time but most people don't have both staying power or deep pockets and end up selling out at significant loss.

...<I don't think the baby has been thrown out with the kitchen sink and bathwater yet... i think that comes within the next 3 months.

I don't know when it will come, but it will happen>
...

It may happen sooner than we think.

best Regards, J.T.