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


To: leum who wrote (5245)11/11/2000 8:29:06 AM
From: Daveyk  Read Replies (1) | Respond to of 19219
 
I live in Machesney Park within 1/4 mile of Rock Cut State Park.Small world.

Dave



To: leum who wrote (5245)11/14/2000 2:08:06 AM
From: J.T.  Respond to of 19219
 
Dave, Thanks for the warm welcome post.

OT- I think you know this but growing up in SE- WI I was brainwashed to be a Chicago Bear fan as my Dad and Mom were born and raised in Chicago and moved to WI shortly after they got married. I am a die-hard Bear fan and we had our 2 week win wonder so far this season beating the Pack and the Dolts. I hope the Bears only win 1 more game and that is a sweep of the Sack. One more solid round of high draft choices ought to do it. ;)

As for MITA, it is easy read as you rarely have more than 10-20 posts in a given day- unless I am prodded to post or get some urge to post with a different angle.

Like Friday, this BTK post (alongside IIX) proved quite timely as the BTK broke 715 and IIX 395 right before the bell on Friday to close at BTK 709 (IIX 391)and quickly dropped 11% today to close at BTK 631:

....<To: J.T. who wrote (5223)
From: J.T. Friday, Nov 10, 2000 1:26 PM ET
Reply #5242 of 5250

For me now, COMP break of COMP 3,000 once and for all, if it is to materialize, will come on the heels of break of BTK (biotech) index of BTK 715 and IIX (internet)break of IIX 395.
BTK intraday low today is BTK 716.37 and IIX intraday low is IIX 397.27.

BTK is now at 723. IIX at 399.5. and COMP 3,079>....

And as you now know COMP closed below 3,000 today for the first time in 13 months to close at COMP 2,967.

Best Regards, J.T.