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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (6988)3/2/2001 2:51:24 PM
From: Shack  Read Replies (3) of 19219
 
Thanks, it was a good scalp. I am watching this very carefully. I am being very prudent here as we ar in no man's land right now. We have done no technical damage to that dt channel so the bear is still in force even in the short time frame.

Agreed about the BKX, it MUST NOT turn over here.

The SOX is certainly the best weapon the bulls have right now. Great move.

Just trying to temper your enthusiasm JT<gg> I still think we break the channel but if we head down at 3 PM and break NDX 1930, I am going ballistic short.
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