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


To: J.T. who wrote (11060)3/6/2002 5:04:59 PM
From: Gamma Positive  Read Replies (2) | Respond to of 19219
 
JT,

I'm just trying to understand something here. Seriously, I'm not trying to pick on you, but why switch out of TITAN today if your long term prognosis has not changed. What I mean is that, you rode TITAN down over -13.5%, why be bothered by a possible "minor" pullback?

Final NAV's for today aren't out yet, but you're probably at breakeven or pennies above on your TITAN "trade". And still terribly underwater in your Long NDX OTC.

SPX 1/10/2002 close was 1156.55. Today's close 1162.77. +0.5%
RYTNX (TITAN) 1/10/2002 was 13.44.

NDX 1/10/2002 close was 1656.68. Today's close 1519.95. -8.25%
RYOCX 1/10/2002 11.61.

Message 16893296