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


To: J.T. who wrote (4264)8/30/2000 1:13:49 PM
From: Daveyk  Read Replies (1) | Respond to of 19219
 
Thanks JT.I definitely give up with print of 16.5 on NEM being a PnFer



To: J.T. who wrote (4264)8/30/2000 1:17:39 PM
From: bobby beara  Read Replies (2) | Respond to of 19219
 
207.61.23.98

JT, i almost posted this yesterday, but at the time of the breakout of the spx wedge to the upside and close back inside, i thought that that would print a daily candle with a high tail, an upthrust-bull trap out of the wedge, today the sNp's are rolling over and breaking to the downside.

we are seeing a lot of speculation today, look at cmrc it pooped just a few days before we topped on 7/17.

also ge appears to have put in a 5 waver from 7/28 low.

i think you get your correction in here, i kant figure out the options, they should be hoppin, but the naz ain't hoppin, so call buyers are subdued, may need to pop the naz some here to draw in some mo money, i don't think the net rally is done yet.