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


To: J.T. who wrote (4405)8/31/2000 3:45:49 PM
From: da_cheif™  Read Replies (2) | Respond to of 19219
 
traders rulles...never sell the first decline.....



To: J.T. who wrote (4405)9/5/2000 3:10:01 PM
From: J.T.  Read Replies (3) | Respond to of 19219
 
The delayed reaction selloff I was anticipating has finally hit the tape from deep overbought levels...
*********************************
...<Message #4468 from J.T. at Sep 5, 2000 12:10 PM
cheif, I am taking profit on spx long nova at tonights close

Tech is gona have negative spillover to spx don't know if it starts tomorrow or tuesday.

staying long 50% xau.

outta here>...
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It will be critical to see if we hit an intraday low below SPX 1,500 level today...

Intraday Low now SPX 1,503.75

If we do, I expect that test of SPX 1,480 intraday low to finally come into play...

Still flat the SPX and 50% long XAU...

XAU at serious resistance again right underneath XAU 53-53.25 level...

Best Regards, J.T.