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To: pater tenebrarum who wrote (29483)	10/13/1999 7:58:00 PM
From: Challo Jeregy	Respond to of 99985

127?????????? Yikes!!!!!!!!!!!

To: pater tenebrarum who wrote (29483)	10/13/1999 8:08:00 PM
From: HairBall	Read Replies (2) \| Respond to of 99985

heinz and all: The VGY has resolved its bullish rising wedge over the last two days. A rising consolidation pattern in a downtrend. WOW DayTrader End of Day Semi-Log Chart homestead.com This portends more downside. Regards, LG

To: pater tenebrarum who wrote (29483)	10/13/1999 8:11:00 PM
From: JDinBaltimore	Read Replies (2) \| Respond to of 99985

Anyone have intimate knowledge of how the vix is calculated. I know it;s some sort of synthetic option value based on a combination of at/ and close to the money put & calls. Does anyone know if a time decay is associated with the VIX close to expiration, and thusly the reason for it not exceeding 30 today, like it normally would have on a hard down day like today. Best Regards JD

To: pater tenebrarum who wrote (29483)	10/13/1999 9:06:00 PM
From: OX	Read Replies (2) \| Respond to of 99985

what was the VIX called at the time, do you recall? the cboe site says VIX was introduced in 1993 tx

To: pater tenebrarum who wrote (29483)	10/13/1999 10:06:00 PM
From: Don Green	Read Replies (1) \| Respond to of 99985

Another Huge Merger in Japan... Japan's Sumitomo, Sakura in merger talks TOKYO, Oct 14 (Reuters) - Two leading Japanese banks Sumitomo Bank and Sakura Bank said on Thursday that they are in talks aimed at a possible merger, which would create the world's second biggest banking group in terms of assets. The move comes as Japan's banking sector, still reeling from a mountains of bad loans, embraces the drastic consolidation needed to survive the heightened competition under the nation's ''Big Bang'' financial deregulation. Combined assets of Sumitomo and Sakura totals 99 trillion yen ($92.5 billion), second only to the 140 trillion yen worth of combined assets held by three Japanese banks -- Industrial Bank of Japan, Dai-Ichi Kangyo Bank (DKB) and Fuji Bank --- set to create the world's biggest banking group by setting up a joint holding company next year. ''It is a fact that we have been in negotiations over a business alliance with a view to the possible business unification in the future. But we have not reached the stage where we can make any official announcement,'' said Sumitomo, now ranked third following Bank of Tokyo-Mitsubishi and DKB in terms of assets. Sakura, the nation's fifth-largest bank, separately issued a similar statement. Japanese media reports said on Thursday that the alliance could be finalised within two years, with Jiji news agency reporting that an agreement could come in autumn of 2000. The news cheered Japanese banking shares by spurring hopes for further drastic realignment which would help restore health in the long-troubled sector. By 0033 GMT, Sumitomo jumped nearly 12 percent, or 185 yen to 1,750, while Sakura Bank was bid only at 970 yen, against its Wednesday close of 900 yen. Sakura Bank has been eyed as the next major institution to join the wave of consolidation sweeping the financial industry. Sakura looks well positioned in its quest for a comprehensive business partner in the wake of its aggressive drive to lure cash-rich Japanese individuals, a move which analysts say has helped increase its retail banking clout. Sumitomo, meanwhile, has widely believed to be one of a few Japanese banks that could brave global competition partly through its broad alliance with the nation's second largest brokerage house Daiwa Securities Group . By joining hands with Sakura, Sumitomo, an anchor of the Sumitomo corporate group, one of the biggest Japanese corporate group would also get an access to bluechip corporate clients in the Mitsui corporate group to which Sakura belongs.

To: pater tenebrarum who wrote (29483)	10/13/1999 11:56:00 PM
From: bobby beara	Read Replies (3) \| Respond to of 99985

timely.com Heinz, i believe we got more overbought (daq to new highs!) on this rally than most think and a large number of traders bought in to the 28th being the bottom (as noted by the volume) and now are caught in a bull trap. The vix piercing it's lower 20 day band for the first time this year implies a springing action, as it has for downside reversals this year. The Dow has an interesting pattern developing. the angled 3 stooges top base was retested and turned into resistance and the little hump we made here correspondes to the little hump at March 19th, so we have another angled pattern here with a projection to the 9100 area, you can see this on the other indexes as we are making a symetrical rounding top. The a/d line is making a clear elliot wave pattern and the little flat shelf that we made here on this rally was wave 4 of larger wave 5 down from the april top. The McCllelan Oscillator complex bottom failed, it's quite possible that whole pattern will now be a left shoulder and we are now in the process of making the head on this final wave 5 of 5 down in the a/d line. Sentiment improved in II survey 39% bulls, 36% bears, but still have to get more bears than bulls and we will by the time this whole thing plays out i believe, which will include a 90% down day and major capitulation selling. Get ready for some wild action over the next week or two and make sure you have your propeller beanie fastened tightly -g- Anyway what would an october be like without Tim McCarver announcing a Yankee game and noting how much money he's losing by the DJI section on the scoreboard -g- bb