MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Matthew L. Jones who wrote (1198)	11/4/1999 8:39:00 AM
From: J.T.	Read Replies (2) of 19219

Matt, I think you are right. Obviously we are going to head higher out of the box. And this BKX will test this BKX 890 again and lets see if BKX blows thru this level or turns back down at the close. BKX has not had that second close below BKX 875 for me and I was wrong in not waiting for that second close. On the upside, BKX needs to have two closes above BKX 890 for the market to run. I will give you a detailed answer tonight when I can give you the time. I ask that you also take a look at my previous posts over the last month or so as to BKX leading the market up and down. Do not look at just one post. This will give you no explanation at all why BKX has been so successful for me. Just click my thread links to BKX and you will see why. I have a favor to ask of you and we all learn from each other on S.I. I have asked you once before where is a good link for clearly identifying MA's and stochastics et al. I do not have a good link for MA's maybe you can help on this little MITA universe. TIA. On DOW, we have this chance to test DOW 10,790 one last time. Need two closes above this DOW 10,790 level to run. OUT until mid-morning. Best Regards, J.T.

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