SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: David Lee Smith who wrote (5453)12/5/2000 10:30:13 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
David,

For those who were lucky enough to go long yesterday, I'd recommend locking in profits. A follow through rally is not likely...

naahhh. not yet. I will let it ride into my BKX 860-880 target zone before pulling out of SPX for a brief rest.

BKX closed at BKX 846.76 - up 41.24 up 5.12%.

Best Regards, J.T.



To: David Lee Smith who wrote (5453)12/7/2000 2:02:22 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Nice call David. U was right and I was wrong holding out one more day.

BKX hit my target - I just didn't think it would give it all back the same day let alone go negative...

XAU rocketship door is closed... Damn.

Still netted 25 points in the SPX but I ain't a happy man...

My beloved XAU is leavin' orbit without me...

Best Regards, J.T.