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To: Rarebird who wrote (50399)	3/15/2000 6:40:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116762

The markets may be in REAL trouble! Read what this dependable indicator says about today's market. JOE DINAPOLI Joe DiNapoli Joe is a veteran trader with over 30 years of solid market trading experience. He is also a dogged and thorough researcher, an internationally recognized lecturer, and a widely acclaimed author. For more information about Joe DiNapoli, see his website at fibtrader.com The Double RePo Bearish Signal. Along with other criteria, I trade with 9 Directional Patterns that I have developed over the last 30 years. One of the most accurate of these Directional patterns is the Double RePo which has had an amazing, documented history, of calling major turning points in a wide variety of Financial and Agricultural markets. An unconfirmed monthly Double RePo is certainly in place in the DOW as of February 10th 2000. It will likely be confirmed at the close of the month. All we need for this confirmation is a close under the 10,648. On our client web pages http//www.fibtrader.com we have expressed warnings regarding this signal as early as last November. If you had access to this information, your doing well. If you have gotten out of equity retirement funds as suggested, your on your way to preserving your capital while others will likely see serious deterioration. Regardless of what takes place, the central point with this type of signal, it to be prudent, to eliminate excessive risk. After all, risk control is what this game is essentially about. As shown on the client page link, we have only gotten 2 of these signals in the past 10 years, and both have had enormous impact. There are always cautions. The Double RePo has not been confirmed and won't be until we get a closing under the 3X3. The thrust on the last leg was not what we would have liked. None the less this in my estimation is worthy of serious play. Our MACD confirms this negative action! For those of you that do not already have a position there usually is a nice throw back on which to get short even after the confirmation. Here's some ways to take advantage of this signal. Get out of equities, retirement funds etc. Take only sell signals or take the shortest of buy signals both in terms of profits and time frames. Hit retracements on rallies back to the old highs on volatile stocks and indexes. Buy puts on rallies back to the old highs on volatile stocks and indexes. Sell naked calls on rallies back to the old highs on volatile stocks and indexes. Look for directional signals and trends on weekly dailies & hourlys to get short. Use minesweeper bonsai etc as entry techniques as described in my trading course. Watch for a Double RePo Failure. But demand that this failure be across different indexes like the NASDAQ, DOW and S&P, before determining that this major sell signal is dead! (cont) savagetrader.com

To: Rarebird who wrote (50399)	3/15/2000 7:36:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116762

Wednesday, March 15 12:09 PM SGT China unleashes fury at US over Taiwan, new threats of war BEIJING, March 15 (AFP) - The Chinese military accused the United States Wednesday of using Taiwan as an "unsinkable aircraft carrier" to control China, and warned the island to return to mainland rule or face war. In a page-long commentary in the military's newspaper headlined "Who wants to push Taiwan towards War" and spiced with harsh rhetoric, the army hammered out a stark message to Taiwan's voters ahead of Saturday's polls. "Taiwan independence means war. We are prepared to pay any price to protect the peaceful reunification of the motherland," said the editorial in the People's Liberation Army (PLA) Daily. "The people of the two sides want peaceful reunification. Peaceful reunification is the best choice and the only way to avoid war between the fellow compatriots," said the paper. The editorial went on to accuse the United States of encouraging Taiwan, considered by Beijing as a rebel province, to move towards independence so that it could use the island as a base to contain China in the post-Cold War era. "The US thinks Taiwan is its unsinkable aircraft carrier and submarine supply ship," said the paper. "During the past 50 years, the US has provided 100 billion dollars in various aid to Taiwan, including the sale of armaments worth more than 40 billion dollars. "The United States has always used Taiwan as a card to restrain China," said the paper, adding that Washington could not avoid blame for the mounting tension in the Taiwan Strait. China has repeatedly and vociferously condemned US arms sales to Taiwan in the weeks leading up to Saturday's second ever presidential elections on the island. Chinese leaders have also queued up to warn voters and candidates in the polls that if the island makes any move towards independence, or even stalls on reunficiation talks, it will face war. Military analysts have dismissed the threats as crude intimidation and electioneering by Beijing, and say the military is making no extra preparations for military action at the moment. Most military analysts say China would not be capable of launching an invasion for at least five years. Taiwan has been ruled separately from the mainland since 1949 when nationalist forces fled to the island following their defeat by the communists in a long civil war. sg.dailynews.yahoo.com