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

To: Baton who wrote (11680)4/23/2002 12:27:03 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
If we get one more washout day tomorrow and assault BTK 460, I am seriously thinking of redeploying some money from OTC to Biotech in Rydex. I think Biotech is going to seriously outperform the market in the next leg up. Still have my biotech ETF's.

I have been dead wrong in OTC year to date and should have been in RUT or elsewhere. However, I also believe we are close to putting in another important higher bottom and OTC is going to rally.

Best Regards, J.T.


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