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


To: J.T. who wrote (10646)2/19/2002 11:26:19 PM
From: J. P.  Read Replies (1) | Respond to of 19219
 
Nasty breakdown. Retest of Sept lows?

stockcharts.com[m,a]daclyyay[dc][pb50!b200][vc60][iUi14,3!Lh14,3]&pref=G

Break of miniscule support at 1400 or so, and VIX, VXN gapping up.

On a fundamental note: Books are cooked, earnings are weak, there is no trust, and sales are sloooow. Do you really want to step up and buy tech here? That's crazy!



To: J.T. who wrote (10646)2/20/2002 12:58:23 AM
From: Moominoid  Read Replies (1) | Respond to of 19219
 
Nice insider buying by Murdoch at the bottom (In September News Corp was doing the buying back):

Date   Time   Issuer   Part   Headline   Market Flag 
 20/02/02  N/A  NCP  N/A  Change of Director`s Interest Notice   N/A
 
 

CHANGE OF DIRECTOR'S INTEREST NOTICE
Name of Company News Corporation Limited (The)
ABN 40 007 910 330
We (the entity) give the ASX the following information under listing
rule 3.19A.2 and as agent for the director for the purposes of section
205G of the Corporations Act.
Name of Director Keith Rupert Murdoch
Date of last notice 02/01/2002
Part 1 - Change of director's relevant interests in securities
Direct or indirect interest Indirect
Nature of indirect interest
(including registered holder) Deemed to have a relevant
interest by reason of his
beneficial and trustee
interests in Cruden
Investments Pty Ltd and its
controlled entities
Date of change 15/02/2002
No. of securities held prior
to change 590,643,139
Class Ordinary shares
Number Acquired 11,200,000
Number disposed
Value/consideration A$12.33 per share
No. of securities held after
change 601,843,139
Nature of change On market
Part 2 - Change of director's relevant interests in contracts
Detail of contract
Nature of direct interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which
interest related prior to change
Interest Acquired
Interest disposed
Value/consideration
Interest after change
ends - AAP



To: J.T. who wrote (10646)2/20/2002 11:31:53 PM
From: J.T.  Respond to of 19219
 
Yesterday Rydex screamed reversal... today the market delivered.

The time is NOW at hand for more than a 1 day fling..and a broadening out of this rally...

Developing...

Best Regards, J.T.