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

To: pater tenebrarum who wrote (692)	9/23/1999 6:45:00 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

heinz, there was heavy reversal damage in the I-NUTZ and Techs as is painfully obvious NDX gains et al of yesteryear are washed down the drink. Tomorrow is setting up for a hard air-pocket sell-off. The crash is now imminent because it has caught many off guard since the bulls thought we were out of the woods yesterday with the tech and nut rally. Best Regards, J.T.

To: pater tenebrarum who wrote (692)	9/28/1999 12:10:00 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

heinz, look at the complacency in the put/call ratio... only at .65 right now and this is no where near "fear levels" needed to generate that bounce. A bounce is taking place right now, but the afternoon is quite young. DOW 10,050 is on deck and if this p/c ratio continue to acts "disinterested" around .65 p/c or lower, we are going to take out 10,000 this afternoon and gravitate to 9,900 level, imho. This is a "controlled sell-off" going on over the past few weeks. This "placebo market environment" could take on another life of its own and manifest a crash later today or by the end of September as forcasted while remotely improbable not impossible. Best Regards, J.T.