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


To: High-Tech East who wrote (11703)4/24/2002 12:07:19 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Do yourself and me a favor: Stop reading MITA.

It is a waste of your time.

And after a minimum of 25 PM's to me it is obvious this is of no value to you.

I am wasting your time and you are wasting mine.

I encourage you to start your own thread.

I made money in 2001 trading Rydex cumulative when combining both funds. Throughout the course of the year I was up big then down big then finished UP. The market was DOWN for the Year.

I have been down in both funds this year, then up in the leveraged fund with my last trade. If I sold both long funds today I would take a bath. I am not selling.

If the market ever does reach your SPX 900 level that you have expressed for this year I will be under even deeper if I hold long. It hasn't happened.

My methodology doesn't work for most. It works for ME. Can I improve my system and returns? Yes, without question.

The numbers you provide are the numbers when I was holding long on the wrong side of the account. But I refuse to get whipsawed twice, especially in the leveraged fund.

I will see my levels. I am not trading futures where you can get wiped out in no time.

I always know when we are near a bottom. It happened in September 01, end of Feb 02... And it is happening again now on this thread.

Finally, reserve those Badger tickets in 2003 in Happy Valley for someone else. I am no longer interested in coming and am cordially declining your invitation. Thanks for the offer but I have had second thoughts.

Best Regards, J.T.