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

To: NOW who wrote (8454)	9/1/2001 9:27:31 PM
From: J.T.	Read Replies (2) \| Respond to of 19219

First, regardless of my position, I will always try and give an unbiased objective read of rydex sentiment data. Sometimes this flies in the face of the position I am in which is obviously the case right now. Second, I try to position for the counter-trend rally based off of sentiment analysis. At times, like right now, sentiment analysis seems less effective as a tool in helping cement positive growth returns. No one market tool is a panacea to 20% + returns all the time and today is no exception. But if it helps improve the odds over buy and hold mentality, which I have never believed in, I will utilize that tool to the best of my advantage. Last, I made a grave mistake by leaving my double your pleasure rydex dynamic (regular series as well) position alone in June when I was in the process of selling and closing on the sale of my old house. This after I said in Mid may that June was gona get ugly and mercury retrograde coming into play. Now I am paying for that lax mistake waiting for a decent counter-trend bounce which has been quite elusive. Hope this helps in understanding me being on the wrong side of the ledger these last few months. Best Regards, J.T.