SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (18039)10/24/2003 7:42:13 AM
From: Ken Adams  Read Replies (1) | Respond to of 19219
 
I'll have to wait until later this morning and give Rydex a call. I don't know if I got in or not. I got a confirmation number following my transaction, but I still can't be sure I got yesterday's close. No question, I was about 5 minutes later than their published cutoff.

Looks like a lower open this morning, so I may get today's close instead. That could work in my favor. Or, I guess I'd have the option to kill the order today if it wasn't filled yesterday. Still learning this!



To: J.T. who wrote (18039)10/24/2003 8:34:28 AM
From: t2  Read Replies (1) | Respond to of 19219
 
Interesting quote in this article by Aaron Task.
Makes sense to me.

Last 2 paragraphs:

Meanwhile, the readiness of some participants to come to a bearish conclusion arguably reflects ongoing disbelief in the rally. At the San Francisco Money Show last week, Kenneth Fisher, head of the $17 billion Fisher Investments in Woodside, Calif., observed the rally won't be over until notable bears such as Pimco's Bill Gross and Merrill Lynch's Richard Bernstein are subjected to the same scrutiny and ridicule as the Abby Cohens of the world were after the bubble burst.

Renewed chest thumping by the bears and the financial media's embrace of them after a few days of weakness suggest we're a long way from that juncture

thestreet.com