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

To: J.T. who wrote (1122)	10/29/1999 12:08:00 PM
From: lifeisgood	Respond to of 19219

I can't believe there is anyone left projecting downside to this market. All bears, it appears, have capitulated. That supports your prediction of an imminent downturn. best... LIG

To: J.T. who wrote (1122)	10/29/1999 12:23:00 PM
From: pater tenebrarum	Respond to of 19219

JT, i sure hope you're right...i bought some index puts yesterday. but w/regards to the bigger picture, count me among the capitulating bears...<ggg> regards, hb

To: J.T. who wrote (1122)	10/29/1999 12:24:00 PM
From: DayTraderKidd	Read Replies (2) \| Respond to of 19219

J.T., do you anticipate a strong close today for the Techs?

To: J.T. who wrote (1122)	11/1/1999 2:00:00 PM
From: J.T.	Read Replies (3) \| Respond to of 19219

BKX 875--South of this level and selling will accelerate this afternoon. A close below BKX 875 and double close tomorrow below BKX 875 will seal the markets fate back down.Otherwise, if we manage to stay above BKX 880 close, just some consolidation. This is the only post I have time for until late tonight. For Rydex, I am staying short in NOVA fund. Back too late last night. In meetings for remainder of day. Best Regards, J.T.

To: J.T. who wrote (1122)	11/3/1999 2:47:00 PM
From: J.T.	Read Replies (4) \| Respond to of 19219

I am watching this DOW 10,580 to DOW 10,650 band level like a hawk. DOW is now at DOW 10,640. DOW needs to get thru DOW 10,650 on a close. A close below DOW 10,600 is a technical negative and if confirmed by the following the countertrend rally is over: 1)BKX needs to hold this BKX 866 level into the close. I will not wait for second close below this level. BKX is now at BKX 869. 2)NDX needs to close above NDX 2,660. If NDX closes below NDX 2,660, for me the TOP will be booked into the records for the NDX. NDX is now at NDX 2,682. We are bouncing up nicely right now. These are my critical support levels. This is an extremely critical time in the market right here with 1 hour and 15 minutes to go. Best Regards, J.T.