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 (206)	6/25/1999 12:47:00 PM
From: J.T.	Read Replies (1) of 19219

IMHO, This is a classic sucker's rally as IIX and DOT do not participate in run up. Now lead the pullback as they are sporting red ink. Also, TRAN could not get above 3,346 and UTIL is negative below 324 support currently at 323. SOX is now negative and NDX below 2,200. If we are going to get any bounce it must be in here right now or the boys sell the rally. Bought more July DJX 98 puts at 5/16. Best, J.T.

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