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

To: David Lee Smith who wrote (5291)	11/22/2000 11:24:51 AM
From: J.T.	Respond to of 19219

David, thanks for the kind words. XAU up 2.6% today is one of the only indices up in a sea of red. Today is critical for BKX to hold above BKX 770 which is elasticity below 780, but ideally close above BKX 780. If we get this level above BKX 775+ around one half hour before the close- I will go long 100% the SPX NOVA Fund before todays close. If we are below BKX 770 one half hour before the close - I will book my XAU profit and move to money market going into friday. We are now below death row support BKX 780 at BKX 773.50 down 23 down 2.87% Best Regards, J.T.