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 (3488)	6/9/2000 6:45:00 PM
From: 2ripley2	Read Replies (1) of 19219

Thanks JT, for the clear response and additional info about UTIL in conjunction with it. I'm just a simple top/bottom trendline chart follower playing the range within. Appreciate your thread and your willingness to share your expertise by answering everyone's questions. Learning a lot about the importance of watching indexes now for clues to market direction, instead of just watching a chart on individual stocks & being surprised when my picks get hammered by unexpected market turns (at least unexpected by me), when there is no fundamental change in my stock picks. Did that make sense? Without overwhelming me, are there any other indices that you consider equally important to watch than the ones I'm currently watching: NDX, COMP, BKX, SPX + now UTIL? I've been considering Indigo or TS2000 software for timing signals and better chart analysis, but they're awfully expensive. Do you use any such software? Thanks as always, 2rip

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