MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (898)	10/18/1999 12:09:00 PM
From: J.T.	Read Replies (1) of 19219

This TRIN is still only at TRIN .94. Selling will continue this afternoon. No fear. NDX has just hit and blown thru my NDX 2,328 intraday low test and DOW 9,770 low test may be mitigated a little higher given C and JPM positive earnings reports today. DOW 9,850 intraday more in line. We should get this strong bounce tomorrow with CPI core rate relatively benign, imho. If, on the other hand CPI core shows up strong, DOW 9,450 intraday test is on the docket. I believe benign will rule. Best Regards, J.T.

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