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

To: pater tenebrarum who wrote (197)	6/24/1999 10:49:00 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

heinz (and all), the charts I put up are defaulting back to this yellow crap. When clicking on the link to the chart, take the mouse and click on chart style and hit default to black grid. Then click on chart size and click on large (O.J. this is for you). Once you see it in black with grid, you now the heavy damage is quite apparent and coming full force at us like a steaming locomotive. Let me know how it looks after you see chart in large format. Best, J.T.

To: pater tenebrarum who wrote (197)	6/24/1999 10:55:00 PM
From: J.T.	Read Replies (2) \| Respond to of 19219

Heinz, even when the major indices were holding support today and even had this little rally prior to the last fifteen minute breakdown, I kept staring at the TRAN and it wouldn't budge above 3,345. The TRAN for me was way ahead of the other indices and when it started tailing off back to 3,337 and lower, the other indices did an about face. I mentioned very clearly that I needed to see TRAN hold above 3,350 last night. It is the earliest warning signal and it did not fail me. The TRAN barometer convinced me to buy more July DJX puts prior to the bell. Guess I have to make up for my PIXR 55 calls totally submerged under water in the land of Atlantis. Best, J.T.