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 (2509)	4/15/2000 1:40:00 AM
From: Lost to Voodoo	Read Replies (2) of 19219

Any thoughts on a dead cat bounce for NASD(a 20 % bounce from here would take us almost to 4K)followed by further gradual decline for weeks or months? Or does anyone think there's a chance of climbing back above 4000 anytime soon for good? I'm looking at a lower limit of around 2600. BTW - separately - I show the 200 day EMA (on Metastock pro) around 3677 (exactly where it bounced yesterday) vs. media reports of it being at 3500 which is more like the 300 day for me? Comments?

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