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

To: J.T. who wrote (3347)5/26/2000 10:51:00 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
BKX acting strong at BKX 809 up +6. I am raising up the critical support from BKX 780 to stop to BKX 795 as this intraday test has held twice on May 23rd and 25th and BKX 780 has held firm several times...

Market back in the positive. Need elastic supports SPX 1,380 has held again from intrady low of SPX 1,371.

Best Regards, J.T.



To: J.T. who wrote (3347)5/26/2000 2:12:00 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
MER is breaking badly. BKX the same now negative and going to take out BKX 800. SPX supports 1,380 is going down...

I have bought July OTM puts on ADBE (now 103 1/4)this stock is rolling over badly and a second close below 104 1/2 toady confirms the break. 5 day MA is leading the way against 9 EMA, 16 and 50 MA's..
207.61.23.98

Best Regards, J.T.


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