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


To: Killswitch who wrote (10861)2/28/2002 4:03:19 PM
From: bruceleroy1_-  Respond to of 19219
 
It would be pretty bullish if ndx could break that downtrend with all the negative fundamentals in tech at the moment. But let the charts be your guide. Be water my friend.



To: Killswitch who wrote (10861)3/1/2002 11:16:04 AM
From: Killswitch  Read Replies (1) | Respond to of 19219
 
So far that NDX falling wedge break playing out quite well.

Do you get the feeling the reason tech was so weak in Feb was that a lot of mutual funds like Janus were capitulating and rotating funds into Dow stocks?