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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (1252)11/9/1999 11:41:00 AM
From: J.T.  Read Replies (2) of 19219
 
BKX. BKX talks and Bullshit walks from MITA 1,252 yesterday THE BACKTEST:

...<BKX needs to hold BKX 884 or it will fill the gap from Friday open down to BKX 875. NDX correlation support is NDX 2,760 or it will quickly trade down to NDX 2,740 and test support. Must hold NDX 2,740 or we test Friday's morning gap down to NDX 2,700 intraday>...

Right there for you in black and white. Bulls can dish it out but can't take the heat when it is their turn

A simple question: Did yesterday post come to pass or is this the work of a death sphincter?

I thought so. BKX now at BKX 870.49 and testing lows of the day.

Class is dismissed.

Best Regards, J.T.
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