MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: marginmike who wrote (2604)	4/24/2000 12:38:00 PM
From: J.T.	Read Replies (1) of 19219

mike, dichotomy again re-emerges as BKX is moving up strongly to BKX 795 and will carry DOW to new highs IF we close above BKX 815 twice back to back. Too much damage in NDX generals right now after MSFT earnings and market response to it put a lid on any significant NDX upside play until things settle down - need basebuilding after potential lower lows or supports hold. To be sure, there will be interrmittant guerrilla rallies but from time to time but June will be better time to re-enter here. Best Regards, J.T. Best regards, J.T.

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