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


To: J.T. who wrote (761)10/5/1999 10:36:00 AM
From: J.T.  Respond to of 19219
 
BKX 780 ACHIEVED. From MITA 761:

...<After testing recent lows again (735 intraday), BKX snapped back and this also sets the stage for that rally back to 755-760 on Monday - Tuesday the latest. Because of the strong con-current eco #'s today, 790 may be little optimistic within week from last Weds. BKX 780 is more in range before consolidation sets in.>...

This prognostication when BKX was left for dead and no one wanted to touch this group all within one week objective target.

Best Regards, J.T.



To: J.T. who wrote (761)10/7/1999 3:27:00 PM
From: J.T.  Respond to of 19219
 
I have mentioned WFC on OCT 1 MITA 761 in the BKX index:

...<BKX 780 is more in range before consolidation sets in. WFC for long term accounts. Do your own due diligence>...

If you read my archives I have always had high regard for this bank and its CEO Dick Kovacevich. Kovacevich is one of the best bank CEO's in the world and you will have an opportunity to see him on CNBC PowerLunch tomorrow.

WFC (41 1/8)is a great buy here and is a great play for longs going into the # tomorrow. Regardless, this should be a core stock in every portfolio.

Best Regards, J.T.