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

To: J.T. who wrote (9057)	10/19/2001 9:39:34 AM
From: High-Tech East	Read Replies (2) \| Respond to of 19219

... As of this morning, I am bullish short-term for basically the first time since the spring of 2000 ... I just now took profits in my December S&P contract as well as my March S&P puts ... ... I am abandoning my projection for a meltdown in equities for either this week or next ... ... however, I am not bullish overall, and would still expect a retest of all the major index lows after the first of the year ... ... I am planning to maintain an overall cash position of at least 50% indefinitely ... it is significantly higher than that right now ... ... I expect to trade the S&P contract frequently ... ... I will hold my large position in Abiomed (ABMD) indefinitely ... the fourth AbioCor was implanted at UCLA yesterday ... ... I am considering adding to my position in Invision (INVN), but I need to do some research there ... ... I have no plans to buy any technology or any other stocks right now ... ... all my opinion, obviously ... Ken Wilson