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

To: J.T. who wrote (282)	6/30/1999 12:55:00 PM
From: J.T.	Respond to of 19219

I smell a rat in the making. UTIL INDEX at low of day and calm before the storm. Asset melt-up, strong Chicago #'s, and Fed that is getting ever concerned with asset inflation and equity model. If Fed wants to prick bubble, it does so here and market tanks. Buying opportunity at supports once established. If Fed is accomodative and lets market work its way thru, the market takes off. Buckle up boys and girls, b/c this ride is going to blow the lid off in one direction or another. Bonds rallying hard in here now to break even in off the lows. Best, J.T.