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

To: J.T. who wrote (2977)	5/16/2000 10:41:00 PM
From: marginmike	Read Replies (1) \| Respond to of 19219

Hes not saying it wont pull back, a pullback on light volume would re-enforce the call. He is saying the bottom is in until Aug, and I tend to agree. We trade between 3400-3900 now until earnings. I also think DOW/BKX and Naz will seesaw

To: J.T. who wrote (2977)	5/16/2000 10:55:00 PM
From: Lost to Voodoo	Read Replies (2) \| Respond to of 19219

To avoid the woeful fate of falling into the lurker category <g> I guess I'll weigh in with my trendline/ma argument. Having broken the down trendline I'd say we have a shot at 4K near term on both NDX & NASD given we can get past the 50 and 200 day exponential moving averages (respectively each per index)which have proven formidable so far. Interestingly, though they're different periods on each index, both are around the 3700 area & have been providing similar resistances.