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

To: Copeland who wrote (2652)4/25/2000 8:03:00 PM
From: marginmike  Read Replies (1) | Respond to of 19219
 
Was that th e2nd 1/2 of the W or are we still in store for one more???



To: Copeland who wrote (2652)4/25/2000 8:18:00 PM
From: Lost to Voodoo  Read Replies (1) | Respond to of 19219
 
I don't know what John said, but if we close above 3800 on NASD that would be a confirmed double bottom, with about a 70% chance of hitting a target of 4300. Round numbers. I would say this is the last leg of this W (with the first downleg starting on the 10th). Don't know whether we'll clear the hump, but today was pretty auspicious albeit on low volume.


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