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

To: macavity who wrote (5710)	12/20/2000 8:59:46 PM
From: macavity	Respond to of 19219

NDX=2050/1950 I make this the next major retracement level for the NDX. Basically 38.2% level from 94 and 90 lows. Anyone got other guesses? Index is so o/sold here that I would expect a rally back to 2450/2500 area, BWDIK? -macavity

To: macavity who wrote (5710)	12/20/2000 11:35:19 PM
From: DukeCrow	Read Replies (1) \| Respond to of 19219

Correct me if I'm wrong, but didn't CCK suspend their dividend payments? Ali

To: macavity who wrote (5710)	12/21/2000 2:14:05 AM
From: J.T.	Respond to of 19219

nice analysis, mac. This is what capitulation looks like... Here is the Advance/Declines, New Highs/New Lows and Volume for Wednesday December 20th for the MITA archives: NYSE AMEX Nasdaq Bulletin Board Advancing Issues 1,010 151 827 478 Declining Issues 1,933 511 3,297 1,194 Unchanged Issues 371 199 586 636 Total Issues 3,314 861 4,710 2,308 New Highs 192 12 53 13 New Lows 203 147 926 364 NYSE AMEX Nasdaq BB's Up Volume 314,409,088 7,053,225 295,724,992 60,971,600 Down Volume 1,084,046,720 137,646,848 2,441,789,440 262,188,208 Unchanged 34,385,272 5,908,090 51,037,200 35,938,700 Best Regards, J.T.