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


To: J.T. who wrote (5627)12/15/2000 12:54:10 PM
From: David Lee Smith  Respond to of 19219
 
J.T. Thanks for the kind words. You don't know the trouble I've had posting my model on other threads. No one I know who has followed the model (with their own judgement of course) has not benefited from it in some way. Others are frustrated because I will not reveal the secrets of the model (would anyone disclose something that really worked?) Any way again thanks.

The MomentuMonkey Indicator is downgraded from NEUTRAL TO SELL. The new target price for the S&P 500 Index is 1246, 4.6% lower than current price of 1305.57 (11:45am). Momentum is downgraded from NEUTRAL to NEGATIVE. Valuation remain NEUTRAL.

I remain 100% in the Pro Funds Ultra Bear (2x S&P)

Best wishes,

David