MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: High-Tech East who wrote (13626)	7/21/2002 1:51:38 PM
From: J.T.	Read Replies (1) of 19219

Nice call Ken. SPX 900 was hit first before SPX 1,200 as SPX 1,176 was 24 points short earlier in the year. I was wrong and you were right. Kudos to you and all Bears who held firm in your conviction. Friday's action was DOW capitulation variety and finishing out the last sequence of the test and penetration of the September 01' lows. Again, I was wrong that these lows did not hold and we have penetrated what I thought proved to be THE LOWS last September. I have been bloodied and humbled by Mr. Market in 2002. I have won few battles in 02' up to this point, but I will go unbowed in the WAR dead ahead between the second half of 2002 into the end of 2003. The market had to wring out every excess of hope in the brother can you sPAR-me-A-DIGM chicanery melt-up of the nineties. The sins of omission to rats of greed have now been paid to the 'pied piper'. ims.uni-stuttgart.de I will see this to the end between now and throughout all of 2003 as to the final victor Bear or Bull in the Mother Battle of all Wars dead ahead. Leverage will keep me in the game as I continue to wait out Rydex like a dog in search of the masters (Mr. Market) crumbs. Best Regards, J.T.

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