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


To: Alias Shrugged who wrote (5699)12/20/2000 4:32:41 PM
From: J.T.  Read Replies (3) | Respond to of 19219
 
Mike, why try to catch a falling knife? Knives are not toys.

The Big 6 of 7 "MSFT, INTC, SUNW, DELL, INTC, IBM" are burnt TOAST. Number 7 GE is on deck. Bring the marshmellows for the roast.

XAU up another 4.3% +... to close at XAU 53.13 up 2.20. The highest one day close since September 13th. This area XAU 53-55 zone is a brick wall it will be tough banging thru.

Gona need a jackhammer because it is going to need several assaults to get break thru to the other side.

Best Regards, J.T.