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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 (9042)10/18/2001 1:34:24 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
I want to buy the dip but not yet.

You know me, I will buy the dip in SPX and may be early. <g>

NDX technicals definitely appear stronger, but I like the SPX sentiment read better.

CBOE P/C Equity Index ratio at .90 now and with any late day selling, if it materializes similar to yesterday, P/C ratio potentially closes over 1.00. BULLISH./
cboe.com

Best Regards, J.T.