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

To: J.T. who wrote (185)	6/23/1999 4:13:00 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

I type in the computer the numbers and it spits out data and like magic we have presto on PIXR 49 1/4 intraday. Close to our target of 49 1/2 intraday. Message 10238838 Why do I know the shorts are toast? Answer: We have not had 5 closes in a row above 47 since Nov 17 to Nov 23, 1998 when A Bugs Life movie came out. The MM's can't shake loose any significant shares on minor pullbacks. 50 and 200 DMA left in the dust way back around 42. Look for 50 to get taken out hard tomorrow, barring any major market sell-off. Best, J.T.