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

To: J.T. who wrote (5443)	12/5/2000 12:10:56 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

Before Mr G started his speech this morning the DOW was up 178, COMP up 127 SPX up 23 and... BKX was flat at BKX 805. After Mr. G gave his blessing read between the lines about neutral to softening bias for the inevitable rate cut sometime early next year BKX shot up like a rocket and we are now at BKX 840 up 35 up 4.3%. DOW now up 293, COMP up 210 and SPX up 42. This is where we are going from MITA last night but all in 1 or 2 days? ...<Now on this 60 minute BKX chart below I think we can assault BKX 860 - 880 levels in the next week before pulling back>... Best Regards, J.T.