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


To: fut_trade who wrote (2250)1/5/2000 10:23:00 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Peter, It is always better to get the wash-out over quick. The DOW didn't test the lows that I thought and clearly is showing strength relative to other indices. DOW hit an intraday low of DOW 10,939. It will be interesting to see tomorrow what the theoretical low was with the volatility it may be 80 to 100 points lower.

Maybe one more test and lower lows? With BKX bounce off of 690, it is doubtful.

Best Regards, J.T.