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


To: Killswitch who wrote (12938)6/21/2002 2:16:36 PM
From: yard_man  Read Replies (1) | Respond to of 19219
 
sometimes the p/c goes up for good reason -- puts actually are worth the increased premie ... not the norm and not the high odds play, of course.



To: Killswitch who wrote (12938)6/21/2002 3:57:03 PM
From: Killswitch  Read Replies (3) | Respond to of 19219
 
That was an extremely weak bounce :-) Instead, it consolidated and broke down out of that which portends more downside for Monday.

In other news the ECRI WLI rose to a 34 month high:

reuters.com

What has become painfully apparent is that although parts of the economy are doing fairly well, other parts like tech are still going nowhere. Nevertheless, the odds of a double dip recession seem extremely remote at this point.