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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (669)9/22/1999 2:35:00 PM
From: J.T.  Read Replies (1) of 19219
 
Beige Book...
After initial pullback off the highs of NDX from 2,507 prior to the report 2 p.m. est (2,500 report time), we went down and tested 2,490 area. Now back up to 2,506 right at the highs
DOW pared its losses to only down 21 to 10,577 prior to report. Went down 67 to 10,531 15 min after and now we are down 29 to 10,568.

Market wants to rally right here. Let's see if the DOW plows into the positive at the bell or if 10,550 fails.

Here is Bloomberg link to Beige Book Report:

quote.bloomberg.com

Best Regards, J.T.
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