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


To: J.T. who wrote (8795)10/4/2001 3:43:08 PM
From: stockman_scott  Respond to of 19219
 
Compliments of Reuters....3:30 pm EST today...

<<...``Nothing in any market is ever straight up or down, but I think the trend will be up, barring another shock,'' said Milton Ezrati, senior economic strategist at Lord Abbett & Co. ``The market will increasingly get information that the economy will come back, that earnings will be surprisingly good in the first half of 2002 and the upturn will continue...''>>

Regards,

Scott



To: J.T. who wrote (8795)10/4/2001 4:03:14 PM
From: James F. Hopkins  Respond to of 19219
 
By Golly; Now that sure could happen; thanx..<eom>



To: J.T. who wrote (8795)10/4/2001 4:21:11 PM
From: High-Tech East  Read Replies (2) | Respond to of 19219
 
J.T. ... not withstanding external factors, which these days are more important than usual ... if equities do not rally in a big way by next Friday, October 12, we should prepare to retest and probably break the lows in all the major indexes during October 15 - October 26 when the vast majority of Q3 earnings reports will be revealed ... along with corporate comments about the prospects for Q4 and the first half of next calendar year ... and maybe, just maybe - we will come to the bottom ...

... my opinion at least ...

Ken Wilson



To: J.T. who wrote (8795)10/4/2001 4:42:00 PM
From: High-Tech East  Read Replies (2) | Respond to of 19219
 
Russian jet hit by missile: theory ... very strange ... "possible cause of the tragedy including one put forward by the U.S." when we (the U.S.) knows that the actual cause may never be proven ...the plane departed from Israel, with the tightest air security in the world, I can see why many might want to blame it on an errant missile ... the U.S. is too smart to have accidentally shot down the TWA 747 off of Long Island, but the the former U.S.S.R., they are dumb enough to do it ... <g>

... maybe what is being reported is in fact, what actually happened ... but I doubt it ... sounds like cover-up to me ...

Ken Wilson

Russian jet hit by missile: theory

October 4, 2001 Posted: 2:23 PM EDT (1823 GMT)

MOSCOW, Russia (CNN) -- A Russian plane flying 77 people from Israel to Russia has exploded before crashing
into the Black Sea, Russian officials have said.

Different theories are emerging as to the possible cause of the tragedy including one put forward by the U.S. that it had been downed accidently by a surface-to-air missile during a Ukrainian military exercise.

Russian President Vladimir Putin had earlier told a meeting of European Union Justice Ministers that the explosion was possibly the result of terrorism, a spokesman said.

Officials in the United States fear it could have been the dreadful result of a Ukrainian military exercise which went badly wrong.

One informed U.S. source told CNN that "initial analysis indicates" that it is believed at least one SA-5 surface-to-air missile was fired from a shore-based, air-defence system during the Ukrainian exercise and appears to have downed the airliner.

The official said that the military exercise was the first conducted by Ukraine in recent years.

Speaking on condition of anonymity, the official added that there had been prior notification by the Ukrainian government that air space had been set aside for military exercises.

But it was not yet clear whether the jet was inside or outside that area at the time of the crash, the U.S. official said.

Kostyntun Khivlemko, a spokesman for the Ukrainian Defence Ministry, in Kiev, denied the plane had been shot down by a Ukrainian missile.

He said the missiles being used only had a range of 10 kilometres, while the plane was more than 300 kilometres away.

Jane's Defence said an SA-5 has a range of 300 kilometres.

Russia had been observing the exercises, but not taking part, Putin said.

His administration was in communication with the Ukraine government, but it was premature to make any judgements, he added. A careful investigation would be needed.

Israel, which operates some of the world's most stringent aviation safety measures, cancelled all take-offs from Ben-Gurion Airport in Tel Aviv immediately after news of the crash for fear it may have been a terrorist attack.

The move came before the Ukrainian missile theory emerged.

Departure flights were allowed to resume four hours after the crash. In-bound flights had not been affected.

The Sibir Airlines Tu-154 nose-dived into the Black Sea at about midday on Thursday during a flight from Tel Aviv to the Siberian city of Novosibirsk.

CNN's Jill Dougherty in Moscow said early reports showed the Sibir pilot had given air traffic controllers "no indication" of any problems. "Whatever happened, happened quickly," she added.

Both the Russian Transport Ministry and domestic security service said the pilot of an Armenian An-24 plane flying near the Tu-154 had reported to Russian air traffic controllers in Rostov-on-Don, southern Russia, that he had seen an explosion aboard the plane.

Garik Ovanisian, the pilot of the Armenian plane, was quoted by The Associated Press as saying: "I saw the explosion on the plane, which was above me at an altitude of 11,000 metres (36,790 feet) above the Black Sea.

"The plane fell into the sea, and there was another explosion in the sea. After that I saw a big white spot on the sea and I had the impression that oil was burning."

Russian officials said 51 of the passengers were Israelis and 15 were Russians. All 11 crew members were Russians.

An investigation will be held, led by Vladimir Rushailo, head of the presidential security council, and attempts to retrieve the flight's data recorders will be made.

A Russian search and rescue team was sent immediately to the site to look for any survivors, as well as divers to find any possible evidence.

Early indications are that there were no survivors, Dougherty said.

Putin was shown on Russian television saying "every shred of evidence" had to be retrieved from the crash site as "quickly as possible."

"We need to collect everything there -- get the experts examining everything," he added.

"If the depth allows, we need to get divers searching for the flight data recorder. We need it badly."

Every plane arriving and departing Ben-Gurion airport undergoes strict security measures and all planes are guarded on the tarmac. Passengers boarding planes also undergo exhaustive security checks.

Dougherty said: "There is huge concern in Russia in an atmosphere of terrorism.

"There is a fear that Russia could be targeted for some sort of retribution for its support of a global crackdown on international terrorism."

Vasily Yurchuk, Spokesman for the Russian Ministry of Emergency Situations, said the plane went down 185 kilometres (114 miles) off the Russian coastal city of Adler, near the Georgian border, The Associated Press reported.

cnn.com



To: J.T. who wrote (8795)10/4/2001 7:45:37 PM
From: High-Tech East  Read Replies (1) | Respond to of 19219
 
J.T. ... FYI

Message 16457964

Ken Wilson