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


To: Killswitch who wrote (13502)7/17/2002 12:27:28 PM
From: Softechie  Respond to of 19219
 
Many people are bailing out mutual funds...redemptions in progress...old money is leaving and not enough new money to prop up the house of cards...



To: Killswitch who wrote (13502)7/17/2002 3:52:55 PM
From: Killswitch  Respond to of 19219
 
Pretty good sized H&S top formed on Naz over past few days (see 5 min chart). Draw neckline from yesterday's low to today's low (around 1373 at close today). Measures down to around the 1325 area depending on where we break.