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

To: J.T. who wrote (415)8/6/1999 10:37:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 19219
 
ho ho, so am i, so am i....



To: J.T. who wrote (415)8/6/1999 10:57:00 AM
From: J.T.  Respond to of 19219
 
DOW is trading in this narrowing wedge b/w 10,830 and 10,648. The outside bands once it breaks either way are 11,025 resistance and .. 10,470 support 1 and 10,410 capitulation support.

Best, J.T.



To: J.T. who wrote (415)8/6/1999 11:18:00 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
BKX getting slammed down roughly 16 to 796 and testing yesterday's lows of 794. Unlike yesterday, strong volatility does not exist which makes BKX even more pressed to mount any significant reversal. A close below 800 is psychologically damaging to bulls.

My next test if 800 close fails is 770 BKX.

Best, J.T.



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