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


To: J.T. who wrote (13295)7/12/2002 2:02:58 AM
From: Softechie  Read Replies (2) | Respond to of 19219
 
Dow long tails (Open - Low):

4/18 162
4/8 138
6/4 118
6/7 120
6/14 238
6/24 169
6/26 182
7/11 207

The more long tails the steeper the decline...



To: J.T. who wrote (13295)7/12/2002 2:05:40 AM
From: Softechie  Read Replies (1) | Respond to of 19219
 
Do you see broken necklines on SPX COMP NDX UTIL? SPX especially since it's a broad market indicator.



To: J.T. who wrote (13295)7/12/2002 2:08:10 AM
From: Softechie  Read Replies (1) | Respond to of 19219
 
Do you see SP500 P/E 40? Is it too rich for 3%-5% growth next 3-5 years?