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

To: bobby beara who wrote (11189)	3/12/2002 1:32:11 PM
From: KymarFye	Read Replies (1) \| Respond to of 19219

Speaking of party-poopers, a gap down from the 200 DMA to below the 50, closing the "unemployment gap" while breaking the rally uptrend and putting a wedge breakdown or two in play... now that's a party-pooper... or at least it should be - for the bulls that is... Onthotherhand, for caveman daytraders like me, a forty point gap followed by a 20-pt tradable range is pretty darn pointless, too... unless we get a breakout up or down, that'll be 2 pts better than the two-or-so-year record low... and then that silly Dow threatens to go green... it's a Wal Mart world...