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

To: pater tenebrarum who wrote (215)	6/25/1999 11:59:00 PM
From: John Lee CA	Read Replies (2) \| Respond to of 19219

hb, What is the SP model you plotted? Where can I find that info and how is it derived? Thanks, John

To: pater tenebrarum who wrote (215)	6/26/1999 10:56:00 AM
From: J.T.	Respond to of 19219

Heinz, you have constructed a careful and well thought out masterpiece here that needs a micro-analytic sleuthing of the evidence. Your post is a Picasso and deserves full attention and merit. Message 10281724 I am going to craft my version of RENOIR AND PAINT MY HEART OUT late tonight and Sunday night. Now I must commence the masterpiece. The work has commenced. Best, J.T.

To: pater tenebrarum who wrote (215)	6/27/1999 4:05:00 PM
From: Benkea	Read Replies (1) \| Respond to of 19219

"DJUA: has dropped back to it's 50-day EMA - a possible area of support. note that weakness in the utilities is not necessarily an alarming sign, as they are often a hiding place for 'scared' money." Since this is a place for scared money, then shouldn't it be more of a contrarion indicator. If so, should the lack of any fear not be an alarming sign?

To: pater tenebrarum who wrote (215)	6/27/1999 7:30:00 PM
From: Les H	Read Replies (2) \| Respond to of 19219

I would also add the Retailers Index (RLX) and REIT Index (RIX) as flashing warnings signs. You also have the Morgan Stanley Consumer Index (CMR) having formed a broadening top and sitting on its 200-day moving average just as last August. The stronger indexes are the computer-related non-internet and Biotech which are overbought and most near their upper trading bands.

To: pater tenebrarum who wrote (215)	6/27/1999 9:38:00 PM
From: David W. Taylor	Respond to of 19219

Great post, Heinz. I agree with your conclusion. This is shaping up to be an interesting summer!