Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Stockdoctor who wrote (9265)	11/1/2001 1:24:26 PM
From: J.T.	Respond to of 19219

The action going on right now is what I thought was going to happen yesterday. And since I was out all day until near end of close I had no feel of market and went to cash. I have said leading up to yesterday that November 1st + 1 day carryover was going to be a cycle high... and now we see the melt-up. So we potentially have higher to go tomorrow depending on how strong we finish today. Rydex MM TA will most likely shrink down toward 1.2 Billion at tonights report assuming we close strong and below this 1.2 Bil level is Bearish. Sorry this is extremely late. Best Regards, J.T.