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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (35356)5/24/2000 4:54:00 PM
From: MythMan  Read Replies (1) | Respond to of 42523
 
it hasn't been very effective then.. I judge down based on SPX, Dow and OEX. Stand alone Naz is rummy index. For the REAL indices, we're not down.

see?
quote.yahoo.com^DJT&d=1ys



To: Lucretius who wrote (35356)5/24/2000 5:02:00 PM
From: patron_anejo_por_favor  Respond to of 42523
 
Check out what thread this is posted to:

Message 13764102

I think this guy will find himself "moderated" and soon.<g>



To: Lucretius who wrote (35356)5/24/2000 5:03:00 PM
From: Franco Battista  Read Replies (1) | Respond to of 42523
 
Good point Luc. The TRAN peaked on May 12, 1999 at 3783.50 and has not recovered since- even during the rallies or when oil was much cheaper. It is a good indicator of economic activity- especially now in the "new" economy where everything is supposed to be bought on the net and then shipped... Also the homebuilders stocks are falling, retailers are faltering... Could the market be sensing a recession up ahead? These intermediate rallies are good- keeps the clowns in the game and slowly destroys them. I'm buying put leaps and cashing them in with every new low. They were giving away the INTC jan2002 puts this AM- couldn't resist.