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

To: J.T. who wrote (1794)	12/8/1999 3:57:00 AM
From: Dwight E. Karlsen	Read Replies (1) \| Respond to of 19219

JT, quick, check this out: quote.yahoo.com Yahoo, today after the close being added to the S&P 500, is now giving false quote on the level of the S&P 500! Furthermore, they have been unable to provide intra-day charts (1 day and 5 day) on the S&P 500, for several days now. This is highly ironic, that an S&P 500 company, which mostly provides free online stock quotes, can't even do that right. But they don't have any trouble (usually) providing the ad banner. Dow 11106.65 -118.36 (-1.05%) Nasdaq 3586.92 +40.91 (+1.15%) S&P 500 1433.07 +9.74 (+0.68%) When you click on the S&P 500 button, the detailed quote shows the days range as Day's Range 1409.17 - 1433.07 1409.17 being the close as of Tues, Dec. 7th.

To: J.T. who wrote (1794)	12/8/1999 4:18:00 AM
From: SnowShredder	Read Replies (1) \| Respond to of 19219

IMO...the last couple of days for some indexes are skewed...in that, the index funds had to readjust their portfolios to accommodate the addition of YHOO...smart $$$ may have been shorting these issues knowing that there would be a sell-off (I guess I fall into the dumb $$$ category >>gg<<). With that being said, I'm taking the last couple of days with a grain of salt...the next couple of days should be more enlightening ... BWDIK ... probably nothing >>gg<< Best of Luck, Where'd He Go?

To: J.T. who wrote (1794)	12/8/1999 6:15:00 AM
From: fut_trade	Read Replies (3) \| Respond to of 19219

There have been a few times in the past 20 years where new highs decreased on the NYSE while new highs on the Nasdaq increased. However, I can't really say this is unhealthly for the S&P 500. geocities.com

To: J.T. who wrote (1794)	12/8/1999 4:29:00 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

BKX UPDATE: BKX does it again and puts exclamation point to Friday's FRAUDULENT ACTION. BKX 795 support is put to bed as we tanked and had this second close below 795 to finish at BKX 774.05. BKX 795 is now resistance. BKX 774.05 is less than one point of new support BKX 775 MITA 1,794 established last night - The Backtest: ...<If on the other hand, BKX 795 is violated a second day on Wednesday, and we do in fact lock in this second close below 795, we then have new resistance at this level as it becomes the ceiling and we then go look for a new floor level of support. For me, the new support will be this BKX 775 level if bond yields are stable in this 6.18% to 6.23% level. If we start creeping back up to 6.24% and up, BKX 752 would provide next buffer of support>... Bond yields true to form as we finish in band MITA set for BKX 775 at Yield of 6.22%. If yields back up to 6.24% or higher tomorrow, BKX 752 is on deck, otherwise a bounce will bring us back up to BKX 790 test. Best Regards, J.T.