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

To: fut_trade who wrote (2224)1/4/2000 1:01:00 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Peter, It looks like the "no rules exist" for 2,000 is quickly asserting itself. On highest probability day of being up for the year on SPX the market spits in law of probability face. <g>.

Best Regards, J.T.



To: fut_trade who wrote (2224)1/4/2000 2:23:00 PM
From: OX  Read Replies (1) | Respond to of 19219
 
if you shorted NDX, %-age and point wise you made out better than shorting SPX. but even if you shorted SPX, you still made good $$.

fwiw, I don't see NDX going much below 3500 and it could easily consolidate at these levels.
good support for SPX at 1400, DJIA at 11000.


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