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


To: y2kate who wrote (3130)5/19/2000 11:23:00 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Yesterday afternoon, if you recall, I thought the bottom was in but said to be sure wait until we get thru NDX 3,520...

I thought we would rally hard today if we got thru that second barrier 3,520 but it never materialized.

I thought today we would still get snapback and it seems it wants to if we can lock the bottom... It may have just happened.

What I believe now is that if we get thru today and Monday unscathed we are going MUCH higher and still believe DOW will hit new highs in June but no new highs in tech and NDX.

But we must get thru today and Monday... Ugly close is still possible..

It is lonely in the Bull corner right now gggg

Best Regards, J.T.