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


To: yard_man who wrote (15064)11/14/2002 1:51:12 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Bifurcated market. AXP is strong, C and FNM has been weak of late.

BKX not in acceleration mode yet but up 17 to BKX 755 as C has been acting as drag on BKX and DOW. FNM action not impressive either as immediate upside gains limited to near term resistance around 67.50 - 69.50 from current 66 level. More digestion of supply is needed to take it to more sustained advance.

Best Regards, J.T.