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


To: J.T. who wrote (3372)5/30/2000 3:32:00 PM
From: Lost to Voodoo  Read Replies (2) | Respond to of 19219
 
Breach of COMP 3391 = 300 day ema looking good so far tho volume could still be better. I'm with for for waiting on 2nd day confirmation.

Course, every time I look back at the chart I see how many lines of resistance we have overhead - COMP 3500 in addition to psych. level is where the downtrendline from the end of March is as well as the 20 day ema. And then there's the 200 day at 3650. We'll need something big to get through all that.



To: J.T. who wrote (3372)5/31/2000 3:29:00 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Rydex. Switch to 100% Long SPX 500 NOVA Fund at close from Money Market.

BKX looking to lock in this first consecutive back to back close above BKX 820 since DEC 2 and 3 in 99'.... Now at BKX 824.5.

Best Regards, J.T.