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


To: Gamma Positive who wrote (11065)3/6/2002 5:45:06 PM
From: nsumir81  Read Replies (1) | Respond to of 19219
 
JT you closed about even on the SPX-right? Now wait for NAZ 2050? Stops are impoortant, that is one thing I learnt the hard way. Even mental stops.



To: Gamma Positive who wrote (11065)3/6/2002 11:46:16 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
Phi Gamma Delta,

Amazing isn't it drowning in a red sea only a few weeks ago now back in black in leveraged series just shy of 5% year to date...

I am simply locking in this run back to just pennies above even (RYTNX)on the SPX wait for the pullback to SPX 1,138 - 1,142 area and jump back in long. BKX near triple overbought levels is driving this decision I read BKX like a book don't read too deep into why I do what I do.

NDX is closing in on double overbought has one maybe two more upside days if it can maintain this momentum other wise I continue to ride long here.

Best regards, J.T.