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


To: J.T. who wrote (1252)11/9/1999 11:41:00 AM
From: J.T.  Read Replies (2) | Respond to of 19219
 
BKX. BKX talks and Bullshit walks from MITA 1,252 yesterday THE BACKTEST:

...<BKX needs to hold BKX 884 or it will fill the gap from Friday open down to BKX 875. NDX correlation support is NDX 2,760 or it will quickly trade down to NDX 2,740 and test support. Must hold NDX 2,740 or we test Friday's morning gap down to NDX 2,700 intraday>...

Right there for you in black and white. Bulls can dish it out but can't take the heat when it is their turn

A simple question: Did yesterday post come to pass or is this the work of a death sphincter?

I thought so. BKX now at BKX 870.49 and testing lows of the day.

Class is dismissed.

Best Regards, J.T.



To: J.T. who wrote (1252)11/12/1999 12:53:00 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
BKX is breaking out to the upside compliments of productivity report:

quote.bloomberg.com

BKX has overhead supply at BKX 884 intraday. Now at BKX 878.

DOW at upper trading range of DOW 10,650. DOW now at DOW 10,662. A close above DOW 10,650 today, if it materializes, will lead to intraday test of this DOW 10,850 early next week.

A DOW close below DOW 10,550 will lead to test of DOW 10,390.

Best Regards, J.T.