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

To: leum who wrote (7157)	3/9/2001 1:25:01 PM
From: Daveyk	Respond to of 19219

NEM's candle at the open this morning had me concerned.It's no longer a doji for the moment but I will not add today.$272 gold area is where the 200dma is sitting.Tough resistance there.It could be we pullback first.Might be better to see if we break thru before adding.My buy signal from last week still holding strong for the moment.Looks like alot of weak hands gotta let go first.Also very overbought short term.We do have a higher low followed by a higher high.Bullish.

To: leum who wrote (7157)	3/9/2001 1:26:59 PM
From: J.T.	Respond to of 19219

I would add to CDE. It is not at overbought levels on 5 day rsi only at 65+ rsi level . NEM is above double overbought at 86 +. Wait for pullback here even though higher prices are coming this afternoon. This Bull market in DOW, SPX and BKX is getting tired and wearing down on these battles. It took everything it had to hold support last Thursday and Friday... Best Regards, J.T.