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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: jimcav who wrote (12097)5/7/2002 3:14:52 PM
From: marginmike  Read Replies (2) of 19219
 
Yes but BTK is a pretty good leading indicator for NDX and NAS IE we go to sept lows. I think a good washout day is still needed where things get anhilated across the board on momentous volume. Havnt seen it yet, but I fear we are damn close. BKX has bled all day since hitting high, IBM cant get out of its own way etc. Lots of talk but no real capitulation. VIX down P/c at .79-.89 gimme a break-g-
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