MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Kapusta Kid who wrote (5594)	12/14/2000 10:47:41 AM
From: J.T.	Read Replies (1) of 19219

Pete, BKX has broke in light of JPM warning. And this is killing the market and hence my Long SPX NOVA position will get hurt today. Right now my XAU position is offsetting SPX. You are right this market since September has been trading in double oversold positions more often than not and has not traded at double overbought positions since August if I am not mistaken. Best Regards, J.T.

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