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

To: J.T. who wrote (1149)	11/2/1999 12:48:00 PM
From: J.T.	Respond to of 19219

BKX now at BKX 890 double-top and it wants to run to this BKX 900 intraday; the market wants to follow. I will not stand in the way of a speeding locomotive in BKX leading market higher if this materializes. BKX so far has held serve and support levels MITA established, now it has opportunity here to seek out higher resistance levels. BKX had better take this opportunity now and run with it. Otherwise, potentially very ominous. If BKX turns down from this BKX 890, and more importantly , closes back below BKX 875, we will then be in the early stages of a hard sell-off back down for the entire broad market. More later. Best Regards, J.T.