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

To: J.T. who wrote (3007)5/17/2000 12:17:00 PM
From: LBstocks  Read Replies (2) | Respond to of 19219
 
J.T., nice point about UTIL. BKX still strong in the face of the sloppy trading on other indices. Very early, but NDX may be setting up an inside day. The close is the key.



To: J.T. who wrote (3007)6/5/2000 3:39:00 PM
From: J.T.  Respond to of 19219
 
UTIL getting creamed and below critical UTIL 318 I have established in Mid-may. Now at UTIL 315.5 down 7+ 2.4%. Two closes below UTIL 318 is very negative for DOW and SPX and will limit any material upside.

BKX down 23 is getting whacked after 5 up days in a row. Now at BKX 869.

Best Regards, J.T.


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