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

To: Petrol who wrote (15876)	1/23/2003 6:40:31 PM
From: mishedlo	Read Replies (1) \| Respond to of 19219

Thanks. The INX may have another jump in it. So right now I'm shorting pure crap. Once MSFT and CSCO bounce high enough, safer to short the index. Hoping for 900 on SPX but I doubt we see it. QQQ 26 or so should be a great spot to reload QQQ puts. Better yet halfway in that gap that everyone thinks will fill, but just might leave them dangling. Just like IBM did. everone waiting for gap at 90 to close to short. Guess what, it never made it. IBM huge gaps below that will fill and then some in due time. We are clearly on the slope of hope here IMO. Chopping, but down. M