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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 (9018)10/17/2001 10:30:11 PM
From: John  Read Replies (1) | Respond to of 19219
 
Hi Jim,

When do you think significant tax loss selling will begin? The spin mediots haven't addressed this aspect of the equation in earnest yet.

Best Regards,
John



To: James F. Hopkins who wrote (9018)10/18/2001 12:20:02 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
NDX with today's late day melt down already has partially filled that NDX gap NDX 1304 - 1333 created on 10/10 , 10/11 with todays close NDX 1314. Tomorrow this gap will get filled and we will then be off to the races again.

Today's lesson learned: Now you know why I position early for the turn and get out before tops because when the boyz turn it fast like today it erases 1 week of profits in one fell swoop.

Get ready to put your Bull cap back on. MITA is like Switzerland - we are Neutral on the market and have no love connection to Bull or Bear. Just let sentiment lead us to the land of milk and honey. <g>

Best Regards, J.T.