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

To: bobby beara who wrote (5464)	12/6/2000 12:33:37 AM
From: J.T.	Read Replies (1) \| Respond to of 19219

bobby, sounds like you been getting into a "don't p!ss in my pool duel" with da chief. lol You and chief both compel me to want to brush up on elliott wave theory as I am uncomfortable reading waves on MITA. I always thought the DOW had a chance to hit token new highs to DOW 11,800 - 12,000 level. But for me that is best case scenario and then we are going down imo. Sentiment figures are just way too Bullish to make a run to beyond 13,500... As for the NDX and COMP hitting new highs... I have my doubts... If the NDX ever gets 2 closes back to back above NDX 3,580 MITA reckless abandon (my cousin to alter ego BKX 780).. siliconinvestor.com I will reconsider the long shot for NDX/COMP new highs ... But that is a long, long, long way off. My December high target is NDX 3,180-3,250 intraday high or close... and sell into strength. Best Regards, J.T.