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

To: J.T. who wrote (37)6/3/1999 10:50:00 AM
From: Sonny Blue  Read Replies (1) | Respond to of 19219
 
>>These puts could get shot down if tomorrow's report is favorable.<<

Even if the number is NOT favorable, don't you think we get a rally anyway due to oversold conditions?

I think the market is already priced in one rate hike. The question is whether more rate hikes are coming thereafter.



To: J.T. who wrote (37)6/3/1999 12:45:00 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
DOW 10,640 -10,650 IS DEVELOPING GOOD BAND OF RESISTANCE ON 30 MIN CHART going back to 5/26. This next test to this "R" level right now to 10,640, if it occurs, should tell the story whether we head to 10,750 next or turn back for the rest of the day. Anyone who knows how to cut and paste 30 min DOW chart please do so. Thanks. J.T.


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