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 (1553)	11/30/1999 1:34:00 AM
From: J.T.	Read Replies (2) of 19219

UTIL Update, To my greatest amazement today was the complete capitulation of UTIL slicing thru UTIL 278 like knife thru butter we mentioned last night as critical support. We hit intraday low of UTIL 274.60 and closed at UTIL 277. A 60 minute chart shows the dramatic slide in the last month as we are down 10% for the month of November alone: iqc.com Daily very similar to '87 with one more break tomorrow below UTIL 274: iqc.com Best Regards, J.T.

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