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

To: marginmike who wrote (4845)	10/9/2000 11:21:28 AM
From: J.T.	Read Replies (1) \| Respond to of 19219

marginmike, I have been watching the ME situation like a hawk. NEM is too cheap to pass up here for insurance. I will be moving to 100% XAU from 50/50 XAU SPX Short at tonights close. BRCM has broke 218. Cover at 212 or close puts at first 212 intraday test. Best regards, J.T.

To: marginmike who wrote (4845)	10/9/2000 11:48:11 AM
From: CharlieChina	Respond to of 19219

Thats really the issue here ... no buyers ... Big Money requires much lower prices in order to justify the risk/reward of holding positions for a extended period of time .... They got screwed once this year ... they don't want to be screwed again ... and untill the tech market get the support from Big Money ... its will continue to head downward ...

To: marginmike who wrote (4845)	10/9/2000 2:44:23 PM
From: J.T.	Respond to of 19219

Peace deadline ends from Washington Post: Diplomacy Stepped Up as Mideast Violence Continues By Dafna Linzer Associated Press Writer Monday , October 9, 2000 JERUSALEM –– Palestinians and Israelis exchanged gunfire Monday as darkness fell and Israel's ultimatum to the Palestinians to end the violence or face "forceful" action passed. World leaders stepped up their efforts to stem the crisis. Secretary of State Madeleine Albright held out the possibility of a leadership summit, and U.N. Secretary-General Kofi Annan and Russian Foreign Minister Igor Ivanov were due to arrive Monday evening to confer with Israeli Prime Minister Ehud Barak and Palestinian leader Yasser Arafat. Arafat, returning from a meeting with Egyptian President Hosni Mubarak, said he would limit his talks with Annan to Palestinian demands for an international inquiry of the events of the past 12 days that have left 88 people dead, most of them Palestinians. The U.N. Security Council has called for an "objective inquiry," but stopped short of Arafat's demand for an international commission. Israel has rejected both calls. Israeli officials were unavailable for comment, observing Yom Kippur, the Day of Atonement, until Monday evening. In his ultimatum Saturday, Barak said the deadline would be Monday night but he did not give an exact time. He was to convene an emergency Cabinet meeting at 9:30 p.m. to assess Arafat's compliance. On Tuesday, Barak is to meet Annan and Ivanov, who were also due to visit Gaza – Annan on Monday night, Ivanov on Tuesday. The visits were expected to have a calming influence, with Israelis and Palestinians perhaps interested in avoiding an escalation as long as Annan and Ivanov are in the region. Israeli officials had threatened to go onto an offensive footing – perhaps even attacking Palestinian headquarters – if Arafat did not announce a cease-fire. Palestinians dismissed the ultimatum as "insulting." Fighting continued throughout Yom Kippur, and spread again to inside Israel, with Arab and Jewish youths throwing stones in Nazareth, the town of Jesus' boyhood. Police used tear gas and rubber bullets to break up the riots. Two Arab youths died, apparently from rubber bullet wounds. They were buried together in Nazareth on Monday afternoon, borne by hundreds of mourners shouting, "With our blood and souls, we will redeem you, martyrs!" The regional police commissioner ordered an investigation into the shootings while Arab leaders in Nazareth called for a general strike Monday accompanied by three days of mourning. In the West Bank overnight, one Palestinian was found shot dead, another was found beaten to death, and an Israeli settler was found shot dead in a cave near Nablus. On Monday morning, about 5,000 Palestinian youths – some in school uniforms – set out from Nablus on a march into Israeli-held areas to protest the violence. Amal Katar said passing schoolboys persuaded her and her classmates not to go to school, and to join the march instead. "I am here to speak for my country and give my voice to what's happening now," said Katar, 17. Later, the marchers – joined by Palestinian gunmen – reached an Israeli checkpoint, and there was an exchange of live fire. Some Palestinian gunmen climbed into olive trees to better aim their weapons at the Israelis. The gunbattle ended quickly, and at least two Palestinians were injured in the fighting, including a television journalist. A gunbattle also raged near the town of Ramallah, with at least one man injured. Police and military in the West Bank were bracing for the possibility of retaliatory attacks from settlers after Yom Kippur ended in the evening. The days of rage that have consumed Israel, the West Bank and the Gaza Strip since Sept. 28 have spread elsewhere. Israel was building up its forces on its northern border after Lebanese guerrillas seized three Israeli soldiers, shattering the calm that has prevailed there since Israel withdrew from Lebanon in May. Barak said he would hold the Lebanese – and the Syrians, who are the real power in Lebanon – responsible for the attack. A spokesman for the Russian embassy in Israel said Ivanov – who had visited Damascus and was also on his way to Beirut – was negotiating the release of the three soldiers, as well as seeking a peaceful resolution. © 2000 Associated Press