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


To: David Howe who wrote (11628)4/16/2002 5:19:58 PM
From: Square_Dealings  Respond to of 19219
 
I just shorted futures here. <g>

good luck

M.



To: David Howe who wrote (11628)4/16/2002 9:53:41 PM
From: t2  Respond to of 19219
 
Probably better make that at least two days. INTC just turned in some nice looking numbers and everything's flying in AF trading.

If it was not for MSFT's earnings on Thursday, I would also think this lasts for more than 2 days. My guess would be one more day before a pause in fear of MSFT numbers. That stock is just too important for the Nasdaq and my guess is that the Nasdaq sells off ahead of it.

Selling into strength tomorrow (or Thursday if one is willing to risk it) and then buy back after MSFT's earnings.

What do you think of MSFT's earnings Thursday as you are very familiar with that name?

jmho