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

To: J.T. who wrote (13764)	7/24/2002 4:34:14 PM
From: Dexter Lives On	Respond to of 19219

Hi JT, I use these indicators for intermediate term swings only. The markets are far too volatile and indicator data too inconsistent to read much in the short term. It does appear that the skepticism is widespread but VXN hasn't given me the kind of spike I'd like to see for a tech bottom. Today's rally in non-tech looked like a short squeeze, but let's see how it evolves... Still way too many equity call buyers for my liking! Best regards, Rob