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


To: James F. Hopkins who wrote (8174)7/18/2001 4:03:03 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
If IBM disappoints after the Bell...

Not only will that SPU gap get filled at 1185 but it will set up
an opportunity for Rydex MM TA levels to assault double oversold levels at 1.6 Bil, Short funds to assault 2/1 ratio or greater over long funds as measured by titan/tempest funds and create the perfect environment to wash em out and send em packing once and for all.
This would set up even better coming outta da hole going into August for da Bulls for the DOW launch to new highs and broad market advance for that coveted summer rally.

Just a thought...

Best Regards, J.T.