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

To: J.T. who wrote (4045)	8/2/2000 6:07:23 AM
From: LaVerne E. Olney	Read Replies (1) \| Respond to of 19219

JT: The index and stock signals are all using STOCH-RSI; the signals are explained here: users.chartertn.net On users.chartertn.net (BTW Microsoft Explorer works better than Netscape) look at the bottom of the page and click the Momentum tab. As you can see under the Short-term NAZ section, all the indicators did not stay green after 7/28/00. The calculations and strategy were derived from MarketGauge, which used to be a free service: marketgauge.com marketgauge.com . In the past two years, these indicators have ALL stayed green a maximum of 2 consecutive days. leo

To: J.T. who wrote (4045)	8/2/2000 9:39:26 AM
From: Matthew L. Jones	Respond to of 19219

Leo and JT, I mostly lurk on the thread, but also trade the QQQ exclusively. I believe we will retest the 86ish bottom one last time (my short term 60 min stochastics is still continuing a downswing which will probably bottom today). I would agree regarding the longer term (daily) stochastics being oversold and waiting to rebound. I'm looking to go long the QQQ this afternoon around 2:30. Matt