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

To: macavity who wrote (7065)3/7/2001 1:28:05 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Mac, What is your view of the market right here and now...

DOW up 105 to DOW 10,695 banging on DOW 10,700 AGAIN
BKX at BKX 900...
COMP up 34 to COMP 2,038
NDX up 35 to NDX 2,012

What would make you turn Bullish?

Best Regards, J.T.



To: macavity who wrote (7065)3/8/2001 4:12:52 AM
From: macavity  Respond to of 19219
 
Sector Groups: Defensives.

DRG: DRG broke down yesterday - quite convincingly - below support and 252D EMA.
I am now looking to put some new shorts on this index. Hopefully now the index begins to move. I think that we are talking about a 1 - 3 month move that should be able to be traded around a core short position.
CMR: Nothing Yet.

- macavity


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