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

To: J.T. who wrote (721)	9/28/1999 3:22:00 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

Ralph Amakeyoupoorah came out and said 8,900 to 9,100 DOW this morning. AU CONTRARE. I GO LONG. hahahahahahah Thanks, Ralphie boy. The kiss of death for the Bears short term. Thanks Ralph. Best Regards, J.T.

To: J.T. who wrote (721)	9/28/1999 10:40:00 PM
From: J.T.	Respond to of 19219

WITH THE FAB FOUR: SOX, NDX, RUT & IIX holding firm support, THERE WILL BE NO CRASH IN SEPTEMBER OR ANYTIME SOON IN THIS MARKET CORRECTION BADLANDS. MITA THREAD HAS TURNED SHORT TERM BULLISH? WHY? The Backtest and thought process from MDA 26,526, 26,530 on Sep 21: ...<heinz, I guess I just answered your question. I don't know about Eliades window, but my window sets it up for a crash tomorrow--- no later than the end of this month... if it is to occur.>... ...<JT, why does it have to be a fixed date, or time window? any specific reason for that?... hb>... The answer MDA 26,534 ...heinz, As for tomorrow's window, it ironically is the "last day" to fit in the six weeks after an annular solar eclipse and within five days of a full moon. As for the end of the month, it is my biased opinion that this "rounding top" which has been forming since April in most of the major indices is to be resolved in this window. On the one hand, you have had this internal decaying cancer within the negative breadth of the market and the some indices like TRAN, BKX and now UTIL break down. DOW and SPX have been in this confined trading range and will lead the next leg down of the break. No volume, overhead supply and no legs in any of the latest rallies. No gas left in the tank. Finally, techs almost always are the last to fall in a bull market. Techs being the latest information age stocks within SOX, DOT, IIX and NDX. If I am wrong and we don't crash within this period, it could set the stage of support for the next leg up that could last into late spring and DOW 12,000 and NDX 2,800 and beyond. We could certainly crash in October, but I believed the "break" if it occurs, will be resolved by then. I reserve the right to be wrong.>..... As a sidenote, look at the reversal in BKX today. It should break out starting tomorrow. Best Regards, J.T.