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

To: Bull RidaH who wrote (8127)	7/13/2001 4:47:48 PM
From: lifeisgood	Respond to of 19219

I think this update proves that Wednesday was not THE bottom Bull, What you say is consistent with COT numbers which show commercials increasing their S & P short positions by selling to the small investor. This doesn't happen at market bottoms. When (not if) the market bottoms, the commercials will be long and Joe Six Pack will be short. commitmentsoftraders.com best... LIG

To: Bull RidaH who wrote (8127)	7/14/2001 12:41:36 PM
From: J.T.	Respond to of 19219

I may be wrong... BUT...Friday's data just posted contradicts your analysis. Get ur azz long on any minor pullback. The only wild card that concerns me on another hard leg down is if dat GATA lawsuit comes to national headlines and judge finds case has merit and will go to court and subpoenas and findings begin. Can u imagine on cnbs ... greenspan defendant in lawsuit for gold manipulation... conspiracies abound and a new pandora's box ... lmazzoff. Best Regards, J.T.