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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (445)8/7/1999 8:10:00 PM
From: James F. Hopkins  Read Replies (1) of 19219
 
JT; That golbex picture was not all that bad ,
a - 940 or what ever is only for that session, in fact
the 1311.80 is actually above fair value enough that if
it holds BUY programs will kick in on the open.
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at + or minus is all relative from where it opened, and if
it opened high then stocks fell like they did, it can wind
up showing a minus and still make for a positive open.
as it turns out the later trading did drop it even more
but it stopped just about on fair value.
Jim
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