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


To: bobby beara who wrote (4616)9/21/2000 2:30:55 PM
From: J.T.  Respond to of 19219
 
bobby, great observation on the XAU et al.

I think the Prez is going to release some oil reserves and the market is set to rally and squeeze shorts in the last hour and a half or so. A psychological lift for the market.

Just in the nick of time off the test of supports...

DOW up 25
COMP down 80
SPX down 12

Euro for the dead cat bounce...

SPX 1,440 close must hold or yikes...
MER must hold 100 day MA 61 1/2

Best Regards, J.T.



To: bobby beara who wrote (4616)9/21/2000 2:48:26 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
bobby, HWP needs to hold psychological 100 level and it is sitting on it like a time bomb...

A good proxy for direction of DOW right now.

Up up and away

Best Regards, J.T.