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

To: lurqer who wrote (15366)	12/5/2002 9:43:42 PM
From: bruceleroy1_-	Read Replies (1) \| Respond to of 19219

<Great! Since I'm just the opposite, ST is always a big problem for me. So what do you see for the next week?<g> I'm looking for the market to be flat/up for the beginning of next week. A bounce could start as early as tomorrow and I will be looking to enter some short positions next week. I'll just watch and see if my scenario pans out. IMO, the best thing about being short-term is you can flip positions on a dime if things don't go as planned but not everyone is comfortable with that kind of strategy. The reason I'm not playing the long side is because I don't expect a strong bounce, certainly nothing more than the recent highs. So what do you see for the longer term picture if you don't mind me asking?