Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: macavity who wrote (6452)	2/2/2001 10:56:47 AM
From: Softechie	Read Replies (1) \| Respond to of 19219

Telecoms are highly leveraged. Watch your steps there.

To: macavity who wrote (6452)	2/2/2001 11:12:19 AM
From: J.T.	Read Replies (1) \| Respond to of 19219

mac, market is on mini hostage train right now. Cycle lows into next week. If you want confirmation call this guy: wolanchuk.com NDX already down 68 to NDX 2,538... NDX 2,470 - that gap will be closed.. all but a forgone conclusion... From MITA 6419: ...<NDX closed at NDX 2,593 down 93 down 3.5%. NDX has good support at NDX 2,460 on a closing basis. It is possible to get a one day false reading break and close below this level but that will be it. The next trading day will close above this NDX 2,460 even though it may trade below this level all day long. Target is the lower gap that must get filled from Jan 16 close and Jan 17 open NDX (slightly filled by Jan 26 intraday low)NDX gap 2,470 - 2,526. Once this gap is filled the market is close to a solid buy reading>... charts-d.quote.com:443/981130862930?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:NDX.X&Interval=60&Ht=400&Wd=600&Display=0&Study=RSI&Param1=5&Param2=&Param3=&FontSize=10&BgColor=0.255.0&TBgColor=0.255.0 book it... Best Regards, J.T.