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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: da_cheif™ who wrote (4196)8/23/2000 9:38:39 AM
From: bobby beara  Read Replies (1) of 19219
 
cheif .5 is not screaming oversold, it's neautral, .75 to 1 is screaming oversold.

we are right at resistance all over da place, inertia sezs probabilities sezs we stay in the range.

there fore i went on defcon 1 (of 4) yesterday, if i had seen wooly bully's post i wud have gone to defcon 2 -g-

did u see the naz, jump up and down all day long like the winner on survivor island, it couldn't make up it's mind all day, i think the bulls ran out of steam and the bears have a chance for a little ride on the tilt a whirl.

b
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