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

To: Steve Lee who wrote (16006)	2/2/2003 12:58:25 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 19219

So you might be right about what NXTL and BEAS etc are going to do, but they do not represent much of the total market. I prefer to play the Nas thru QQQ and NDX futures. That way I can get filled in a few seconds, have spreads of one cent and have stops that protect me against overnight gaps (thru futures). Fine we had nas at 1100 in october, I am predicting a choppy, flat market all year with new leaders emerging. You say its a bear so what are your targets for nas this year... because if the nas only gets to say 1050 thats fairly flat as far as I'm concerned and not really a bear. Are you predicting 700-800 this year then?