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


To: JRI who wrote (8148)7/15/2001 10:30:27 AM
From: Les H  Respond to of 19219
 
Judging from his Friday's data, it looks like both bulls and bears withdrew funds to cash. The Thursday data looks somewhat flaky in light of the big jump in Titan funds on Thursday and the big decline after so I decided not to try to work with the numbers on Saturday. I would like to see purchase and redemption (inflow/outflow) data rather than assets.

I had likely high dates for Monday and then again on Friday before heading back down. I think the MACD to cross over (to confirm the stochastics) for the QQQ's before the next dip starts. It appears it may happen by late Monday or early Tuesday.

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