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 ()	6/21/2000 3:53:00 AM
From: macavity	Read Replies (1) of 19219

Can anyone point me to a Biotech Index or proxy? I use BBH, but this does not have enough timeseries data. I think that the market, NDX, still has upside - 4200/4300 is the region. I think c.4200 will be a strong resistance and would look to go long if market holds above c.4300. I am seeing a lot (and increasing number) of good individual charts in tech, especially the equipment makers - why I do not know. I am bullish tech (upto 1 mth) and am looking to the leaders for guidance - SOX and Biotech at the moment. The market can turn at the drop of a hat I admit, but someone out there is obviously doing rotation, or something, for month end. Its a sector thing !!! macavity

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