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


To: Casaubon who wrote (6189)1/18/2001 9:42:04 PM
From: bobby beara  Read Replies (1) | Respond to of 19219
 
>>>why didn't the short interest ratio spike??? That's what I was looking for to get real long at the bottom.>>

C, i don't follow that indicator for sentiment, just rydex, vix, put/calls and my favorite the headline indicator -g-

If you'll remember ru2 reported the doom and gloom giant headline in a bay area rag in late december, along with the dot bomb series on pbs or cnn or somethin, plus a very super bullish trader during the dot boom, i posted too after the nas made something like 900 new lows on december 20th, i told to get long and strong for a bounce, didn't believe me -g-, plus jmootx and haim both reported to me that they were no longer getting hate mail from bullz, plus you had a massive exodus out of mutual funds on jan 2 -g-

this was all part of the capitulation picture, too bad i kinda shot myself in the arzs a few trading sessions ago and started questioning my original theory that the bottom on the greenie pullback was going to be a valid right shoulder,damm cheap crystall ball was sharp, then it got fuzzy -g-, i'm taking it back to rite aid tommorrow and get the holistic model, the one that has a nas ticker that runs around it's base -g-

according to bollinger, god only lets u buy the bottom tick once, so i will add that if god does let u buy the bottom tick, he will make sure and screw up some other ticks for u out of the hole -g-

the levereged rydex funds have reached 86.7% bullish, 89% has called tops before, i think tommorrows high should probably start at least a pullback, but now that we've broken the trendline, we could just power up, as fund managers perceive that they better get their buttz back long.

b