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

To: dvdw© who wrote (12095)	5/7/2002 2:38:47 PM
From: marginmike	Read Replies (1) \| Respond to of 19219

DVDW the BTK is droping like 3-5% a day the selling here is relentless. The big guys as you describe(COT) are heavily net short. Not saying we dont bounce, but this is nowhere near a real capitulatory bottom.

To: dvdw© who wrote (12095)	5/7/2002 3:45:41 PM
From: J.T.	Read Replies (3) \| Respond to of 19219

I love how all the pundits are now saying... when in May stay away for the next six months. Time to go Au Contrare? Make no mistake, we are going to see a monster rally commence before Memorial day but most likely before the end of next week ending on May 17. And we are going to rally hard into July and potentially August before investors know what happened. Stealth accumulation going on and this rocket is not going to accommodate those not on board waiting for September 21 to get taken out decisively. Best regards, J.T.