MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: LLCF who wrote (7436)	3/23/2001 11:33:14 AM
From: TraderXx	Read Replies (1) of 19219

My man...just go back in history and do the calculations....for example March 15, 2000- March 24....little over a week SPX.X moved from 1359 to high of 1552...over 12% in a little over 7 days..with 1 down ( small) day October 18, 1999- October 29 1999 SPX.X moved from 1233- high of 1373..over 10%.......then continued another two weeks to 1425 on November 11th .....should I go on? I mean your statement was so ridiculous to think its not possible to rally from these lows. Its certainly possible. TraderXx

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