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

To: sa-mule who wrote (3653)	6/29/2000 1:17:00 PM
From: Joseph Stratmann	Read Replies (2) \| Respond to of 19219

I thought I had egg in my face yesterday for posting that I believed there'd be some good tech movement short-term...maybe for once...just once, I'll be right :) JT, I dont know if you are interested in this but my S&P Models I spoke of earlier are still long. I have yet to work on my Nasdaq model. Those damn things [the models] do better than my stock trades I think : / The divergence I posted about 2 hours ago looks like it was correct. My longterm Momentum indicators look negative still but shorter have turned up. Id say, if we see (by some unlikely chance) the Nasdaq close or go above 3970 its possible some of these medium term trends in momentum (ie 30 and 60 min bars) will be broken to the upside. Just my 2cents. -Joe