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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Petrol who wrote (23415)	10/14/2002 1:50:05 PM
From: Susan G	Respond to of 26752

Short term double top forming on all the indexes here, at Friday's highs and strong resistance areas from the 10/2 tops. you can see them on all the short term charts, and on the longer term you can see how they are triple tops so far if you include 10/2. stockcharts.com

To: Petrol who wrote (23415)	10/14/2002 2:22:47 PM
From: Susan G	Read Replies (1) \| Respond to of 26752

some incredible facts posted by Lee Lichterman on the marketswing.com site this morning. Since November 2000……... • Some 1.3 million more Americans below the poverty line. • An additional 1.4 million people without health insurance. • Unemployment up 2 percent and long-term unemployment almost doubled. • Overall economic growth at 1 percent, the lowest for any administration in 50 years. • The value of Americans' stock holdings down $4.5 trillion and a 30 percent drop in the value of IRAs and 401(k) plans. • A projected budget surplus of $5.6 trillion converted into a deficit of $400 billion. • Some $2 trillion transferred from Social Security taxes to the non-Social Security budget. • And 45 of the 50 states struggling with budget problems that are forcing program cuts or higher taxes. And one I can add, July 2002 fund outflows (approx. 52 billion if I remember correctly) now the largest outflows for a month in history.