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

To: J.T. who wrote (7445)	3/23/2001 12:26:24 PM
From: marginmike	Read Replies (1) \| Respond to of 19219

I bought qqq and Qcom yesterday about 30min early got stoped out and wont chase em now. My critisism is not about your ST trading which has beeen very good on the way down, but on the fact that you often site importent INDEX levels, when the brake you are unconcerned. This is very diferent from your aproach in 98. So I am trying to figure out what you are thinking. The VIX at 42 and Rydex INVERted is obviously a good trade long. Which I unsecesfully made yesterday. That being said it seems that these rallies have litlle sustainability do to MACRO and Technichal sitiuation. As much as Bobby B drives me nuts with his lack of etiquette his view of RYDEX being able to sustain oversold readings for a stint has some truth.