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


To: Les H who wrote (732)9/28/1999 10:17:00 PM
From: J.T.  Respond to of 19219
 
Les, these numbers were not far out of line with my low targets of DOW 9,100 and SPX 1,195 posted in MITA archives within the last month. For me it is too late to happen with the successful tests of the FAB FOUR: holding support. I don't think any of the eco #'s coming out Thurs and Fri will break this market including new home sales, final gdp, chicago pmi, personal income, consumption and
NAPM #'s.

DOW put in an important reversal and is still above its 200 day MA finishing at DOW 10,275 and sitting right above that 10,265 to 10,270 area. Bounce time.

Best Regards, J.T.