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


To: Rextar98 who wrote (18460)1/14/2004 10:26:20 PM
From: yard_man  Read Replies (2) | Respond to of 19219
 
lot's of different scenarios are possible -- right now, I'm short mostly a few select sectors -- we'll see.

All time high bullish advisors

All time low mufus cash

vols scraping lows not seen except prior to the drop in 2000

I don't know -- I suppose we could be getting ready to blast off for another 10-20%, but I have my doubts.

There is not a thing wrong with NOT selling until you have evidence that the trend is broken -- it may cost you a little, but you won't leave big bucks on the table from having missed the continuation. That's ok by me --