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

To: J.T. who wrote (1104)	10/28/1999 1:51:00 AM
From: David W. Taylor	Read Replies (1) \| Respond to of 19219

>> . I think we are going to see this second half of this counter-trend bounce play out tomorrow after the ECI and unemployment # comes in relatively in line with estimates that will spark the rally. >> I hate to disagree with you but both AMZN and HWP are tanking as we speak. The numbers from the government will be manipulated, of course, but it doesn't matter. We are headed sincerely downwards as folks realize how horrible the state of the market is right now.

To: J.T. who wrote (1104)	10/29/1999 12:01:00 PM
From: J.T.	Read Replies (5) \| Respond to of 19219

ALL UPSIDE TARGETS ACHIEVED. Not one bull or bear had cajones of steel like MITA sticking neck out and calling for this crazy insane melt-up intraday bounce with tight two to three day window. MITA does not talk in wandering generalities but hard and fast support and resistance levels with identifiable upside and downside targets. Look at these targets MITA 1,104: ...<1)DOW: I believe we are going to see the DOW over the next three trading days take us to this DOW 10,780 level intraday high before we turn back down. At a minimum, we will test this DOW 10,650 level intraday high. Then we turn back down>.... ACHIEVED ----------------------------- ...<2)SPX: we are going to go back and test either side of SPX 1,335 in next three days intraday before turning back down>.... ACHIEVED ------------------------------ ...<3)NDX: is going to set token new intraday highs these next two to three days right above NDX 2,560. NDX 2,590 intraday is do-able intraday, and then we turn back down hard>.... ACHIEVED ---------------------------- ...<4)BKX has been acting like a bull in a china shop and has exceeded my expectations these last four days. Just underneath BKX 880 intraday next two to three days and then we turn back down>... ACHIEVED. -------------------------------------------------------------- The first time I called for the big bounce here in MITA 917 and the market answered the call they thought it must be some fluke: Message 11633883 ALL TARGETS ACHIEVED ----------------------------------------- The second call for this larger second bounce, maybe can this J.T. just be lucky? I don't get it...MITA 1,104: Message 11729961 ALL TARGETS ACHIEVED ------------------------------------------------------------- I even connected thread BOUNCE 1 and BOUNCE 2 for fodder opportunities to make it nice and easy... And now, when others are buying like mad, I am calling for this next move down. With precision, like a laser guided heat seeking missile. I assure you, the tank on MSFT and INTC is running on empty and the more firepower these two issues use up today, the less fuel they will have for much additional upside combustion. And, these two darlings are moving to the DOW next week. Just in time for that ride right back down. You heard it here first... AGAIN... This Big Bear calling for these hit and run guerrila type rallies steals thunder from Bulls who want nothing more than to prove me wrong and it deflates some of the optimism in the rally. Downside target levels issued before market opens on Monday. I am OUT. Best Regards, J.T.