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

To: J.T. who wrote (1426)	11/22/1999 10:46:00 AM
From: fut_trade	Read Replies (1) \| Respond to of 19219

Some of the strength in the indices the last few weeks could be attributed to the increase in corporate earnings. The latest numbers from Barron's for the S&P 500 came out this weekend: Earns: $ 43.96 (this week) $ 41.02 (last week)

To: J.T. who wrote (1426)	11/22/1999 11:09:00 PM
From: J.T.	Read Replies (3) \| Respond to of 19219

BKX Update: BKX closed at this BKX 860.52. It is resting right underneath this BKX 861 test I mentioned in MITA 1,389 et al. We are at that same point when I called for this BKX 850 test and closed at BKX 848 on Nov 11th. We rocketed the next day. We are finally going to smash thru this BKX 900 once and for all and have two closes above BKX 900. BKX 910 is first target. Ultimate target is an all time high of BKX 950. Round numbers... BKX 1000 is not out of the question if we get in high gear. What is high gear? Bond yields head back down toward 6% level and below and oil turns back down toward $25 per barrel and lower. BKX has been basing and is ready to break out of trading range (BKX 710-910). Don't you just love it when BIG Bear makes BIG Bull look like little bear with silly puddy in hand... <gggg>My fav prof... PK I have learned much from you and am indebted forever with love... I hear the stampede... One last mad dash to the finish line... that run... no sprint... for the roses... Buckle Up Boys and Girls... It's DOW and SPX and BKX time. And then..... Best Regards, J.T. Disclaimer: If BKX closes twice below 200 day MA (BKX 844) this plan is terminated.