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


To: J.T. who wrote (943)10/20/1999 12:17:00 AM
From: J.T.  Read Replies (9) | Respond to of 19219
 
EVERYBODY SHOULD KNOW THE DRILL BY NOW: TOMORROW IS WED<NDX>DAY.

Ah Wednesday...

Speaking of NDX, tomorrow is going to mount this major assault at NDX 2,430 intraday imho. NDX 2,430 should stick into the bell if this rally is for real. We are positioned to get this outside realistic chance to hit NDX 2,470 intraday within two trading days before settling back into consolidation. I want to see how this unfolds and will leave it at these targets.

DOW 10,310 is toast intraday, and we should see DOW 10,360 minimum intraday high. I still have DOW 10,480 on the radar screen but because of today's pullback it may take an additional day or two on tomorrows original targeted day, if it is ultimately accomplished...

SPX 1,280 is toast intraday and as before this SPX 1,294 area will come into play.

BKX zooming in on this BKX 770 intraday level. If BKX 795 gets taken out on two consecutive closes it is time to pull out the stops and go 100% LONG over and above this bounce I have called for FOR THE BROAD MARKET. BKX is the early market thermometer in change of direction and market temperature.

That is it for now.

Sweet Dreams. Hello MSFT 93 intraday...

Best Regards, J.T.