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


To: J.T. who wrote (8462)9/4/2001 6:37:28 PM
From: Mr. Aloha  Respond to of 19219
 
Thanks for the prompt reply, J.T.

The sentiment data I've put the most weight on recently has been the VIX/VXN/QQV indicators -- their daily and weekly charts rather than their absolute values. That combined with put/call ratios, call/put activity on the QQQ tracking stock, as well as volume on QQQ itself, broker recommended allocations, mutual fund cash levels, and Commitment Of Traders have been a great read on sentiment. Abby Joseph Cohen and other CNBC analyst hype have also been great contrary indicators...

I've discounted Hays' use of the TRIN index because of changes to the data underlying the index, and I'm not sure how to use the Rydex figures.

BTW, my returns this quarter alone have been well over 50% already overall (not 40-50%), and that was added to significantly today (definitely not all based on sentiment reads, but they help). There are many on SI who follow me at a couple of private sites who can verify my incredible quarter as well as similar returns the last few years.

The NDX futures trading last night was amazing, and it continues to amaze me almost nightly during this downtrend.

Best Regards,

Aloha