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To: Larry S. who wrote (38212)2/5/2002 10:04:33 AM
From: E.J. Neitz Jr  Read Replies (1) | Respond to of 53068
 
Last nights charts and TC-2000 analysis frightening. Against my desire I cut back all positions on the open. Damm, not what I hoped for, but one must act rational and protect assets. Whats next? "Uncharted waters"....loss of confidence is not good for the markets...especially stock market. What is very frightening is the market level and performance vs 12 months of fed easing....unprecedented!Starting to look more like Japanese market. Errosion over 15 year span. To top this off, real estate that was a bright point starting to crack.



To: Larry S. who wrote (38212)2/5/2002 10:08:32 AM
From: E.J. Neitz Jr  Read Replies (1) | Respond to of 53068
 
Bank stocks starting to crack...BAD. J.P. Morgan breaks $30 level.....will force unprecedented fund liquidations.