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

To: Kapusta Kid who wrote (6760)	2/23/2001 7:40:12 PM
From: Shack	Respond to of 19219

today's topic (sounds like the Mackenzie Bros.) was: Is the bottom In? LOL! Unfortunately if you watched that chit everyday (and I admire that you don't), you'd find out that's the topic everyday. G'day eh.

To: Kapusta Kid who wrote (6760)	2/24/2001 3:41:33 AM
From: macavity	Respond to of 19219

CNBC Hey Pete, I dont get CNBC over here in Europe, though I hear that some guys over here probably get it on satellite. Isn't it one of those many soaps that you guys have in the US? You know. The sort you can watch every 30 episodes and find that you have not missed much. We will probably import the format and have a local version. - macavity

To: Kapusta Kid who wrote (6760)	2/24/2001 4:23:05 AM
From: macavity	Read Replies (2) \| Respond to of 19219

Re: Status of some indicators I use: Put/Call Ratio and VIX. The price of options is going up (VIX); but people are buying more calls than puts (PCR)! Interesting. This, I am sure, will have the conspiracy theorists saying that the supposed Plunge Protection Team are out there getting ready to squeeze the shorts and goose the market higher. I think it is everyone getting ready for the bounce. 03Jan taught everyone to beware. Everyone, and it seems everyone, is on at least amber alert that Al G is going to do an intermeeting cut - the majority I believe are actually on green. If he does not cut this week then I believe we are going to see real capitulation this week - even a crash. There are no buyers out there. To any crazy contrarians out there! The trade is to go short on the close after the final hour ramp job. You need a doctor's certificate to do this one though. just a stoopid idea. -macavity