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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (6879)2/28/2001 2:26:12 PM
From: marginmike  Read Replies (1) of 19219
 
No rallies today, Market is going to PUKE the PUKE of PUKES by the end of the week. Absolute capitulation. This intermitent interday rallies are just calming oversold positions. The markets are sitting on the ledge, SOX broke below 545, BKX below 898, NYA breaking wedge down, NDX and COMPX in nomans land. The only bullish thing I can say is things look so bad it must be time to buy.
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