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


To: marginmike who wrote (5379)11/30/2000 10:05:23 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
mike, notice strength in BKX up 7 to BKX 830 in the face of death. SPX holding quite well here down only 17 to SPX 1,325.

with tech - it is more of the same.
I love QCOM and this bottoming type action.

The light at end of this hell ride is in sight.

SPX 1,318 is the intraday low - so any break below SPX 1,315 and they will sell it hard and assault SPX 1,300. That would also translate into BKX going back red and taking out BKX 815these are the buffer levels.

Best Regards J.T.