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


To: marginmike who wrote (6945)3/1/2001 10:58:21 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
It is possible no doubt... But we could also bounce hard from these levels if they hold today and tomorrow... and potentially re-test these levels later this month...

A big if...

It is the close that counts I see DOW and BKX hitting new lows and closing in on demarcation lines...a breach of these levels intraday on deck.. SPX already past..

Best Regards, J.T.



To: marginmike who wrote (6945)3/1/2001 12:42:56 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
We hold these lows from here DOW 10,322.26; BKX 860.98; SPX 1,219.51; COMP 2,092.16; NDX 1,854.98 SOX 515.31 IIX 206.79...

the march will be on.

DOW and BKX intraday low dead on my supports.

QCOM extremely strong will close above QCOM 62 easy by tomorrow close if these lows are not violated.

Now at QCOM 57.31 up 2 1/2.

Best regards, J.T.