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

To: sherlockgerlach who wrote (2271)1/5/2000 3:42:00 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Qualified Long. However this BKX 705 support is giving me fits. For next few days cash might be better

Best Regards, J.T.



To: sherlockgerlach who wrote (2271)1/5/2000 4:11:00 PM
From: Matthew L. Jones  Respond to of 19219
 
I'm not JT, but thought you might be interested in this: For what it's worth, from Monday's high at the open to today's low this morning at 10:05, the S&P futures dropped 110 points. The retracement to the high at 3:10 is precisely a Fib retracement (38.2). I predict we go down some more from here. I say we just saw a bounce... but then what do I know?

Matt


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