MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (8181)	7/24/2001 4:42:57 PM
From: J.T.	Read Replies (3) of 19219

Today's last hours action is the type of action I had in mind in this "W-type formation" needed to wash em out once and for all and set up the necessary ingredients needed for a reversal: ...<Now what would be perfect is a nasty open downside gap outta da box and an ugly affair all day with a "W" type reversal with less than 15 minutes to go to into the bell that they can't respond to. This type of action might be delayed until Friday if they find a way to close it up at mission central. It would set up sentiment even better than today for the reversal into next week and beyond>... DOW- charts-d.quote.com:443/996007377870?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:INDU&Interval=1&Ht=400&Wd=600&Display=0&Study=&Param1=0&Param2=0&Param3=0&FontSize=9 SPX- charts-d.quote.com:443/996007432740?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:SPX.X&Interval=1&Ht=400&Wd=600&Display=0&Study=&Param1=0&Param2=0&Param3=0&FontSize=9 COMP- charts-d.quote.com:443/996007470360?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:COMPX&Interval=1&Ht=400&Wd=600&Display=0&Study=&Param1=0&Param2=0&Param3=0&FontSize=9 Rydex ought to fall into da tank tonight. Best regards, J.T.

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