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


To: marginmike who wrote (8933)10/11/2001 4:03:26 PM
From: J.T.  Respond to of 19219
 
I am positioning for the pullback and locking in what I can in this countertrend melt-up in dynamic series. I will get back long once we alleviate double overbought conditions.

I was early in my tech buys and early in my tech sells for profit. Same with gold stocks. Now I am buying gold stocks again when no one wants em.

I think Rydex numbers tonight will confirm the massive shift long ala MM TA and Short Fund TA shrinkage. Things getting too frothy, imo.

Did we close near the top tick today?

Best Regards, J.T.



To: marginmike who wrote (8933)10/12/2001 10:14:00 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Buy back those gold stocks?

Best Regards, J.T.



To: marginmike who wrote (8933)10/12/2001 12:48:07 PM
From: J.T.  Respond to of 19219
 
What a difference a day makes.

Yesterday you ask why after Melt-Up. Today anthrax scare and Melt-Down.

Unbelievably incredible.

Best Regards, J.T.