MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: da_cheif™ who wrote (7338)	3/19/2001 10:29:32 PM
From: marginmike	Read Replies (1) of 19219

Chiefy so your saying I was right? Told ya INTC would see 30 before 75-g-. I think we will have a small rebound here and a retest of lows in april. Then we will rebuild through the end of the year. When stocks move up with such velocity in one day they stink of Bear market rallies(like today). I think seing the cover of US news and Newsweek are signaling we are damn close. We need one mor e bear trap to finnish sentiment off then I think we start to rebuild. I dont think the TA is as bad as people think, though I would like to see SPX closer to 1000 and DOW closer to 8000. I think Naz could see as low as 1720. I think th low will be printed by may 31st. Then we will rally and retest in OCT a higher low. I think Buying this OCT will be the right play. Meanwhille whats your wave stuff say about GOLD. I have nice profits and I am tempted to take them.

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