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

To: J.T. who wrote (656)	9/15/1999 11:54:00 PM
From: Area51	Read Replies (1) \| Respond to of 19219

Thanks for the update. Japan down 600 (3.3%): biz.yahoo.com I'll be surprised if the indices can power to new highs from here. But who knows ??? Keep us updated on your views from time to time as I expect the next 6 weeks will be volatile, and interesting. It will be more interesting if I'm not losing too much much of my hard earned gains <ggg>. Best Regards, Area51

To: J.T. who wrote (656)	9/22/1999 1:42:00 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

These are the critical supports I have posted on September 3rd (MITA 652): 1)DOW 10,550 2)UTIL 307 3)TRAN 3,012 4)BKX 765 5)SPX 1,294 6)RUT 412 7)NDX 2,328 8)SOX 509 9)IIX 273 In the face of two monster bullish up days in the ensuing 3 weeks, three of these nine critical supports in order(#4BKX, #3TRAN, and #2 UTIL)have become burnt toast. The DOW #1, SPX #5 and RUT #6 are next. Numbers 7, 8, 9 will complete the sweep. Wake up folks. This mirage is nothing but smoke and mirrors in the face of the decaying breadth statistics that permeate a sick cancerous market. Cumulative negative breadth statistics have now reached lows not seen since September 24 1996-- A THREE YEAR LOW WHEN THE DOW WAS AT 5,874 AND THE SPX AT 685. Best Regards, J.T.