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

To: J.T. who wrote (15741)	1/6/2003 3:49:14 PM
From: lurqer	Respond to of 19219

A Bear's w dream LOL. Puts the thrill into hibernating. lurqer

To: J.T. who wrote (15741)	1/6/2003 4:03:46 PM
From: Steve Lee	Read Replies (1) \| Respond to of 19219

The main indicators I watch are making a pretty strong case for a top being around here. I discarded my short term bullishness after the rally on Thursday last week and today went quite heavily short. Interestingly, Rydex contrarianism on the other hand is suggesting the opposite, as of last night's reading anyway. Usually the indicators pretty much line up so I will be watching closely how this discrepancy plays out... Of course, the low vols over the last few trading sessions mean that indicators might behave less reliably than usual.