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


To: J.T. who wrote (13670)7/22/2002 5:17:43 AM
From: nsumir81  Read Replies (2) | Respond to of 19219
 
2002 is NOT 1982. Still looking for Blasts from the RECENT past..2 years of selling has almost reversed the 3 years of gains before the slide began.

2000, 2001 and even early 2002 will do.

And provide balance in the clarion calls for yet again, another bottom.

And 'reassurance' for those on the other side of the equation-g.

btw GM actually went on to lose market share (for a host of reasons) for an unprecedented period of time.

Of course, the rising overall market would never indicate that.

In fact, its not too popular CEO of the '80s in an interview that I very vividly remember from around the 1989 time frame cited the stock price as a measure of its success (the EDS, Hughes deals etc), when asked about the decline in the core business.

Also 2002 is NOT 1982. Then you also had the inevitable and apparent decay in the grip of the former Soviet Union just starting to happen and a rise in the power balance that started with the revolution in Poland.

Change was underway then which eventually gave way to more massive change in 1989 and then 1990 in the geopolitical balance.

These factors can not be quantified imo but were captured imo by the stock market and the rising US dollar in the '80s.

That lone superpower premium.

Throw in other paradigm shifts like the PC revolution.

And what do you have now in terms of real CHANGE that compares to the same level as the changes then, and that is for the better?

Nothing.



To: J.T. who wrote (13670)7/22/2002 3:06:37 PM
From: High-Tech East  Read Replies (1) | Respond to of 19219
 
... U.S. Dollar Index [September futures] had a solid day today ... closed at 105.12, plus .71 ...



To: J.T. who wrote (13670)7/23/2002 10:31:53 AM
From: bruceleroy1_-  Read Replies (1) | Respond to of 19219
 
You were absolutely correct about death row support on BKX at 780. Once that was definitively broken, the sector got executed.



To: J.T. who wrote (13670)7/23/2002 10:38:50 AM
From: High-Tech East  Read Replies (1) | Respond to of 19219
 
J.T. ... just sold my December 875 S&P put for an 86% profit in 7 days ... I'll take what I can get when I can get it these days ...

Ken