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


To: da_cheif™ who wrote (4949)10/13/2000 3:37:53 PM
From: Daveyk  Read Replies (1) | Respond to of 19219
 
Didn't you say the same about gold?Still think it's coming back?Can't seem to hold any rally yet.



To: da_cheif™ who wrote (4949)10/13/2000 3:40:28 PM
From: Casaubon  Read Replies (1) | Respond to of 19219
 
Don't stay in the water too long. Sharks.



To: da_cheif™ who wrote (4949)10/13/2000 4:33:16 PM
From: IndexTrader  Read Replies (1) | Respond to of 19219
 
Chief, I agree. Sox did a beautiful ABC from the March high. C ended yesterday. There was a last good flush out with the Xlnx downgrade.



To: da_cheif™ who wrote (4949)10/13/2000 4:57:03 PM
From: UnBelievable  Read Replies (1) | Respond to of 19219
 
As many seem inclined to say these days, "This time is different."



To: da_cheif™ who wrote (4949)10/13/2000 6:13:11 PM
From: David Lee Smith  Respond to of 19219
 
This market is making a Monkey out of me!! The MomentuMonkey Indicator has gone from SELL to NEUTRAL. My gut feeling is that we haven't reached bottom, I'm expecting S&P around 1283, NAZ 3600, and DOW 9000. I think we've hit support for the NAZ that got a strong bounce. The big trend is still down for the NAZ (after 3600 it's down, down, down). But the MomenuMonkey Indicator says to cover your shorts and wait. I'd especially do this if you own NAZ type stocks. Dow shorters might just hold on.



To: da_cheif™ who wrote (4949)10/14/2000 3:55:14 AM
From: J.T.  Respond to of 19219
 
cheif, I see we closed back above 1,380 spz... We need follow thru on monday to confirm it is not a one day upside false break..

you are right on p/c first hour number no doubt.

Gotta luv october... discounts galore everywhere... lol

Best Regards, J.T.



To: da_cheif™ who wrote (4949)10/16/2000 1:19:38 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
cheif, excellent observation on the SOX...

I see it put in a triple bottom intraday low on oct 10, 12 and 13 b/w SOX 684-689. It closed friday at SOX 758...

Now i see all the more INTC the triple gap play back up if this scenario plays out...

NOV INTC calls???

Caveat: If we break SOX 662 it is lights out...

Best Regards, J.T.