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

To: J.T. who wrote (12735)6/12/2002 2:04:59 PM
From: Steve Lee  Read Replies (2) | Respond to of 19219
 
I posted here earlier that I had gone long. I don't have a bullish or bearish perspective. I trade what is in front of me.

And what is in front of me right now is a massively overvalued set of public companies that will be much lower in 18 mths. In the very very short term however, we are oversold and ready for a bounce for a few days. But don't mistake a few days bounce for the motherlode of all melt ups cos it aint gonna happen.



To: J.T. who wrote (12735)6/12/2002 2:16:24 PM
From: ild  Read Replies (1) | Respond to of 19219
 
J.T., do you have other positions besides Rydex?


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