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

To: J.T. who wrote (2959)	5/16/2000 1:01:00 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

This TRIN has inched back up to .96 from low of .40 area this morning out of the gate and suggests we could have this buying orgy after the announcement if it is .50 basis point hike and Fed words after announcement are not fully hawkish. North side of NDX 3,700 assault is likely (Now at NDX 3,630) and for aggressive accounts, JDSU has this breakdown on May 2 between 95 1/2 and 100 that needs to be filled. Whether it is this afternoon or not is an open question. Need very tight stops at JDSU 93 3/4 break if you are going into May calls. JDSU now at 94 7/8 +5. Best Regards, J.T.