MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: No Mo Mo who wrote (2806)	5/4/2000 12:11:00 PM
From: J.T.	Read Replies (1) of 19219

No Mo Mo, It is setting up real well... air pockets and no one stepping up. The blood that was spilled in April NAZ and tech remains and the mo mo now is absent now. Tomorrow with the employment report could be the straw that breaks the camels back... Lets see if it gets messy at the close. I am now watching strength in SOX (intraday high SOX 1,105)now and if it fades into the bell.. Now at SOX 1,060 and in the red.. SOX 1,050 must hold.A break of SOX 1,030 will; accelerate broad market selling... EDIT: SOX reading is getting screwed up on reporting system. Best Regards, J.T.

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