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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (4742)9/29/2000 4:27:44 PM
From: bobby beara  Read Replies (3) of 19219
 
Stock is in a flag position and that is Bullish.<<

JT it bumped the downtrendline off the two pimpel topz sept 99 and march 00, in the furst 2 weeks of sept.

that would be more likely a place to short-em.

i don't think the nas will see the north side of the 200 day moving average for a while - crocodile. The market should have been able to shrug off apple's news at the level of oversoldness we was at.

risk is high here for any long positions - imo, watch out for the next bombshell dujour.

b
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