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

To: TraderXx who wrote (10419)	2/15/2002 8:27:27 AM
From: macavity	Read Replies (1) \| Respond to of 19219

That's what makes a market! TraderXx - you may well be right. My problem is the daily trend is still down, and we are now o/bought on daily. We may rally for the intermediate term, but this rally from $SPX=1080 is probably over/ending. I am seeing lots of reversals in key stocks and indices in daily charts. I am looking to get shorter on any breakdown here. Good luck all! (It's all in the money management anyway). I am getting positive momentum signals as well, but these are for drug stocks. -macavity

To: TraderXx who wrote (10419)	2/15/2002 9:23:34 AM
From: J.T.	Respond to of 19219

Tell us a little more about your metastock program when you have time. What are some of the necessary ingredients to generate that buy? Also, keep in mind this simple thought... If I am wrong about today, and we get thru a four day market "holiday weekend" without an exogenous shock.... We could come back Tuesday morning lock limit up similar to Tuesday May 30 2000 on a mother lode real melt-up after a long four day holiday weekend. Flexibility is key. I will put my ego aside and more than sacrifice being wrong today come what may... I see it coming... A major BHUMBO... is that what our cuz Ike called it Nemer...? Best Regards, J.T.