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

To: J.T. who wrote (17143)5/12/2003 6:51:33 PM
From: Alex MG  Read Replies (2) | Respond to of 19219
 
i'll stick with my lumps for now

S&P closed above the recent highs on lower volume which implies a false break to the upside. The S&P may try to get near the Dec 2 high before it's over.

NAZ also traded above the previous highs on lighter volume, typically a bearish sign... might get to 1560 level before it's over.



To: J.T. who wrote (17143)5/13/2003 8:32:44 AM
From: SGJ  Read Replies (1) | Respond to of 19219
 
JT when do you see the turn and get back into rytpx? Aren't some of your levels on the funds you follow getting bearish? great call btw on this rally.


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