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

To: J.T. who wrote (7201)	3/12/2001 1:58:39 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

DOW is now leading SPX and BKX lower in this new round of selling through the gate and this is a technical negative unlike DOW recent strength... SPX is next and now BKX is holding the early morning lows but barely. DOW at 10,380 down 264... SPX down 36 to SPX 1,197 BKX down 35 to BKX 852... EDIT BKX has joined session lows at 2.01 est BKX 850.88. Now all indices trying to bounce v-type reversal. Best Regards, J.T.

To: J.T. who wrote (7201)	3/12/2001 2:02:04 PM
From: David Lee Smith	Read Replies (1) \| Respond to of 19219

Nothing to stop Mr. G from a 1/2 point surpise rate cut except his ego of correctly calling this "irrational exuberance." Last week's future inflation index was tame enough to allow a surprise cut without fear of igniting inflation. See dismal.com Tracking money flow, money is flowing out of money market, foreigners are buying our bonds and money is flowing into bonds. Since money is not flowing into money market in a big way, one must assume that cash is not coming out of stocks. This suggests that cash is going into bonds and/or there are a lack of buyers of equities. Perhaps the money is going into shorting stocks. And why not? The speculators just lost their shirts in the market and don't want to appear foolish. I'm hearing people who bragged about making big profits in the tech bull market suddenly saying that now their "hedged" or "short". When the janitor and cleaning lady are talking about commodities, being hedged and going short, that the time to go long. JT, good trade! Now it's time to get back on board the bull train. There's a now kind of short player in town and they're gonna get squeezed like its the very first time, cause it is! Long 2X S&P 500 Index. Best wishes, David

To: J.T. who wrote (7201)	3/12/2001 2:24:49 PM
From: Chisy	Respond to of 19219

If we are talking about net losses look at this: lowrisk.com Your comments are welcomed. TIA Regards, Chisy

To: J.T. who wrote (7201)	3/12/2001 4:08:36 PM
From: J.T.	Read Replies (2) \| Respond to of 19219

DOW 5th worst greatest Net Loss Rank Date Close Net Change % Change 1 04/14/2000 10305.77 -617.78 -5.66 2 10/27/1997 7161.15 -554.26 -7.19 3 08/31/1998 7539.07 -512.61 -6.37 4 10/19/1987 1738.74 -508.00 -22.61 5 03/12/2001 10208.25 -437.37 -4.10 6 10/12/2000 10034.58 -379.21 -3.64 7 03/07/2000 9796.03 -374.47 -3.68 8 01/04/2000 10997.93 -359.58 -3.17 9 08/27/1998 8165.99 -357.36 -4.19 10 08/04/1998 8487.31 -299.43 -3.40 ************************* Best Regards, J.T.