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


To: macavity who wrote (6924)3/1/2001 10:11:01 AM
From: Shack  Respond to of 19219
 
Agreed completely. Don't forget the BKX. Can't rally without the banksters and that index looks pretty broke now.



To: macavity who wrote (6924)3/1/2001 10:15:01 AM
From: J.T.  Respond to of 19219
 
Inverse indeed.

I agree with your assessment...

SPX 1,230 close is the critical number... We break that today with other confirmation tomorrow is ugly as I mentioned last night.

If Bulls get thru today and tomorrow not breaching critical supports I have said Bears are dead meat in the counter-trend reversal. If not.... Bulls are chopped liver

Bears may cover and take profits if they don't get immediate gratification here...

can u say BOUNCE...

Best Regards, J.T.

Best Regards, J.T.