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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (126)	6/24/1999 12:37:00 PM
From: J.T.	Respond to of 19219

From MITA post 101 on 6/11: Hiya Bart, DOW needs to close above 10,519. Because bonds are getting pummeled so bad right now, boys may run thru supports of 10,434 set back on May 27 only to bring it back up and close above after the bell. Very grave if we close below this 10,434. If we close below this level, Monday is not going to be very pretty, imho. As you know, I am loaded to the gills in July DJX puts, so I am biased in my scenario. SPX must hold 1,290 and worst case needs imperative close above 1,280. I will comment on NAZ later. This from MITA post 126 on 6/16: I sold 1/3 of my July DJX Puts for 50% hit this morning...> My 2/3 remaining position has come to life and out from dead and under water. Best, J.T.