Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: J.T. who wrote (549)	8/10/1999 12:29:00 PM
From: J.T.	Respond to of 19219

AS FOR THE TROOPS, THEY LOOK DEJECTED; RUT 417 IMMINENT TEST: iqc.com And the backtest: techstocks.com Message 10830885 "A huge breakdown today to 429 and levels not seen since April./ RUT 417 test here we come". Best, J.T.

To: J.T. who wrote (549)	8/10/1999 3:01:00 PM
From: J.T.	Respond to of 19219

The generals are mounting their tet offensive. The SPU market has been down for literally eight straight hours they couldn't take it any lower. Hence the bounce from deeply oversold levels. Best, J.T.

To: J.T. who wrote (549)	9/23/1999 11:44:00 PM
From: J.T.	Respond to of 19219

The generals managed to fight and win a few battles in the last month or so since this Aug report, but now they are losing the war: TIME TO HUDDLE UP THE GENERALS: A CLOSER LOOK AT THE "BIG 30 LARGE CAPS": ..This from MITA 465: ...<"To put it more bluntly, when the bull troops (the broad market)don't want to fight the battle for Nirvana heaven anymore, the generals are the last to fight (INTC, MSFT, IBM). And when the generals can't bullshit the troops to keep on fighting for the mother bull, its high time before the generals fall in line to take the fall. The troops now total about 50,000 net new declines over advances since last APRIL of 98'. The worst (longest) breadth negative non-confirmation as measured by the NYSE A/D Index was a 16 month lead time before the market collapsed - that period was in 1972-1973 before the commencement of the 45% Bear Market Decline. We are now approaching month 16 to match that feat." Now to the BIG 30: These are the top 30 largest companies by market cap in order: MSFT, GE, INTC, IBM, CSCO, LU, WMT, XON, BPA, T, MRK, C, WCOM, KO, AIG, BMY, PFE, JNJ, TOYOY, RD, VOD, DT, BAC, BTY, PG, SBC, AOL, HWP, DELL, NOK. Only a handful of stocks are up: WMT (good earnings report), the oils XON, BPA, and PG (soap stocks do well in bear market pockets), and KO. Do the generals have what it takes to mount a "tet offensive"? Or should they retreat so we can pick em up at still lower prices?>... Best, J.T.