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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (7150)3/9/2001 3:18:03 PM
From: J.T.  Read Replies (1) of 19219
 
BKX now at BKX 884.52 and held our morning mid-support 878 -880 as the intraday low is BKX 880.99.

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To:Dave kilty who wrote (7149)
From: J.T. Friday, Mar 9, 2001 9:48 AM
View Replies (2) | Respond to of 7178

Do not take this BKX lightly. We have blown right thru 898 like hot knife thru butter.
charts-d.quote.com:443/984149467490?User=demo&Pswd=de...
BKX 878-880 should be good support. If we head straight for 860 we got a long ugly day ahead of us. Gold up another $4.40 to 269.80.
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If we assault 878-880 support b/w now and 20 min before bell I will stay short spx tempest. Otherwise I will take profit in SPX Short and move to cash if we move above BKX 885.

My gut feel here is we blow thru 880 but i will let market be my guide.

Best Regards, J.T.
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