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

To: J.T. who wrote (9011)	10/17/2001 11:25:39 AM
From: High-Tech East	Read Replies (3) \| Respond to of 19219

J.T. ... I am short the SPZ1 contract itself from 1089.00 ... 'cancelled my protective stop at 1106.00 just before the U.S. market opened ... and the market opened at 1109.50 ... SPZ1 just traded at 1100.50 ... I am holding for now, and hopefully through or at least into Friday ... ... my S&P puts are for March ... ... the assassination of the Israeli cabinet member and minister could be very destabilizing ... unless Israel does not react quickly and strongly ... hard to believe they will not ... Ken Wilson

To: J.T. who wrote (9011)	10/17/2001 6:04:20 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 19219

HI JT; The Bulls "were" foaming at the mouth, but the min CreemSpam started raining on their little parade the Bulls stampeded clean out of the rodeo .. Now you know why I hate gap ups so much, the rally can never hold. I'm now not sure we will stop when we fill that gap on the 11th, the spin on earnings isn't working, I hate to say we will test the lows because I know if that happens IT won't stop there.. ------------- We don't test lows in a bear market we set new ones. Testing lows only happens in a bull market correction, bear markets don't work the same. Jim