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 (764)	10/4/1999 4:20:00 PM
From: J.T.	Read Replies (1) of 19219

MITA nailed it on the head as we take out NDX 2,450 wall from Friday wave of selling - no panic- with strong carry over melt-up of BKX crushing 755 BKX resistance to finish at NDX 2,467 (+63.5, + 2.65%) and BKX 771 (+ 25, + 3.4%). IBM finishes at 120 and true to form. Deadly precision like an infra-red heat seeking laser guided missile. TARGET DIRECT HIT ACHIEVED I will be back real late to comment going forward. Best Regards, J.T.

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