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


To: Daveyk who wrote (5744)12/21/2000 3:29:37 PM
From: J.T.  Respond to of 19219
 
Dave (and all),

I will answer your questions late tonight. I am short on time.

Best regards, J.T.



To: Daveyk who wrote (5744)12/22/2000 11:47:24 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Dave, I am not a PnFer but i think your 25 + level is a little optimistic nearterm. You would need a clear and present danger an external event to get us to this level...

A middle east breakdown, GATA lawsuit against the bigs taking on larger credibility in the form of a whistleblower etc...

My best case price is 20%- 25% move above the 200 day MA in NEM and sell into this level. That would correlate to 24-24 1/2 level andthis is a bit of a stretch.

Lower your expectations a little unless you plan on holding it well into the second quarter of 2,001.

Best Regards, J.T.