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

To: J.T. who wrote (3333)5/25/2000 3:50:00 PM
From: Lost to Voodoo  Read Replies (1) | Respond to of 19219
 
SYMC head and shoulders top (intraday) could take it back down to 60 - if not today, maybe tomorrow.



To: J.T. who wrote (3333)5/25/2000 3:52:00 PM
From: Lost to Voodoo  Read Replies (1) | Respond to of 19219
 
Looks like NDX/COMP is gone for the day. Good call JT.



To: J.T. who wrote (3333)5/30/2000 11:30:00 AM
From: J.T.  Respond to of 19219
 
NDX right back into resistance at this NDX 3,260 level now at NDX 3,258. Market needs two closes above NDX 3,260 for positive confirmation.

MER up less than 1 point to MER 91 15/16 and this is troubling for broadening out. BKX up less than 1% to BKX 813 +6.

Irony in all this is the strength in the XAU up 2.5% to XAU 58.17

This dichotomy will get resolved in the next few days...

Best regards, J.T.


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