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

To: bobby beara who wrote (631)	8/31/1999 12:17:00 PM
From: J.T.	Read Replies (4) \| Respond to of 19219

bobby, I was screaming for a reason--- it is a very sick market. It is better too be early than late. Token new highs mean nothin but squat. As you recall, I first said the market was on crash alert b/w mid august and the end of September. LG mentioned it was too wide a window so I narrowed the window which time has passed. I shouldn't have done this given that crashes rarely occur. But I laid my parameters that the DOW needed to break 10,410 and the UTS needed to close below 313 on two consecutive closes. None of this ever happened. Hence things were put on hold. I maintain my crash alert for all of September because the market shot its last wad with the DOW's meager new high which was not confirmed by any of the other indices on low volume and horrible a/d's. DOW 10,850 is critical support. Second support is 10,550. One break, not two. UTS now only need one break below 313. I stopped posting because there are too many people on SI who simply want to make me look like a fool. The hidden innuendoes. That is the way of this world. You should know that with your christian beliefs, bobby. My posts several weeks ago are even more prevalent today. I assure you things will come to roost in September. And I will not be laughing or mocking those that mocked me these past several weeks. I am a man of GOD, not the prince of this world. Best Regards. J.T.