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


To: NOW who wrote (7585)4/17/2001 1:31:45 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Correct. If it appears BKX will close above BKX 860 tomorrow I would buy it prior to close for a run to BKX 900. Or buy C or another strong Bank stock as proxy for BKX.

Tomorrow is a big day for BKX bulls to prove their case.

Personally, I think BKX goes lower for 1-2 days until that gap gets filled b/w BKX 820 - 830 and on SPM 1150 - 1156 area. Once these gaps gets filled and BKX turns back up from a lower bottom it will be time to go long.

Best Regards, J.T.