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

To: SecularBull who wrote (5700)12/20/2000 4:22:50 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
LoF, Joey B on now at CNBS and blowing some sunshine up our @ss.

I recall him saying in September COMP would be at 4,500 by year-end.

Wada joker.

I knew this market was in for the kiss of death when perennial Bears Barton Biggs and Byron Wien at MSDW called for a 25% year-end rally in Nasdaq less than 2 weeks ago. OOPS these clowns must have meant down 30% +..

Best Rregards, J.T.



To: SecularBull who wrote (5700)12/20/2000 5:34:36 PM
From: Kapusta Kid  Read Replies (1) | Respond to of 19219
 
< There is firm support for the COMPX at 0.00. >

Seriously, does anyone see any support on the S&P above 1205-1215? I don't see any on a 2-year chart. After a possible retest of 1300 resistance, it looks like an easy drop to the low 1200s. S&P may be entering a BEAR.


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