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

To: DayTraderKidd who wrote (1125)	10/29/1999 1:14:00 PM
From: marginmike	Read Replies (2) \| Respond to of 19219

I said it before and I will say it aain The october effect is being reversed. We miht take short term profits but the market is going UP! By the way I said we would rally!

To: DayTraderKidd who wrote (1125)	10/29/1999 2:22:00 PM
From: J.T.	Respond to of 19219

Peaceful, From MITA 1,120 on Thursday afternoon before closing bell: ...<We may rally out of the box tomorrow because everyone will buy MSFT and INTC before they head to the DOW on Monday. But I think the rally will fizzle in the afternoon and we may finish near session lows and give up nice early morning gains-- if the do materialize out of the box.Simply too much complacency and bullishness for this one day sharp run up>... BKX leads market up... now back down... I have just purchased NOV puts in INTC and DEC puts in DOW. Have a great spooky weekend everybody. I am heading out of town. Best Regards, J.T.