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To: 2MAR$ who wrote (81085)	11/10/2002 11:42:04 AM
From: Frederick Langford	Respond to of 208838

------------------------------------------------------------ Market Swing Discussion: Don Sew's Chat Room Notes and Recaps ------------------------------------------------------------ Posted by Nikko_thyme on Saturday, November 09, 2002 - 9:45 pm: Chat Notes : 11/09 9:00 PM Weekly Signals : All signals are in the CLASS 1 SELL area, and have a buy in window extending until next Wed. Daily Signals : All signals are in the LOWER MIDRANGE. Donald is still holding his short positions, and is suspecting a higher low may be set. He calculated an NDX fib retrace at 965, which coincides with the QQQ max pain of 24 or NDX 960. The forthcoming rally may not set a higher high. The market may follow a Three Day pattern where it will be Down, Flat, and Down on Monday. Wed was a 21 day pivot point and may have marked a turn. Donald noticed an Imperfect Evening Star formation on the NAZ, NDX. The USD has formed a Three Black Crow's pattern. On the weekly it has formed a Three Inside Down Pattern. Donald has pointed out that it may be significant if the USD breaks the 103.50 level.

To: 2MAR$ who wrote (81085)	11/10/2002 12:35:39 PM
From: farkarooski	Respond to of 208838

dude, add the following links just in case someone needs help marketwise cycles:subscription tim wood--- cyclesman.com chuck carpino--- stocktimefactor.com individual stocks: americanbulls.com timing the QQQ:subscription qqq-stock-trading.com qqq-trading-system.com timingcube.com charting: barchart.com equitytrader.com prophet.net stockchart.com personally, not endorsing any sites, but some might want to investigate further ...

To: 2MAR$ who wrote (81085)	11/11/2002 12:20:34 AM
From: 2MAR$	Read Replies (2) \| Respond to of 208838

Stocks Seen Settling, Eyes on Consumer Sunday November 10, 3:21 pm ET By Nichola Groom NEW YORK (Reuters) - U.S. stocks are poised to fall this week on the heels of the first down week for the broad market in more than a month, though key consumer spending numbers may end up steering the market's direction as investors fret about where the sputtering economy is headed. ADVERTISEMENT With corporate earnings season winding down and a strong run-up in stocks behind them, investors are looking to take a breather, experts said. "The market got a little bit overdone and then settled down and I think we might see a little bit more of that in the next couple of days," said Frank Gretz, market analyst and technician at New York brokerage Shields & Co. On Friday, the blue-chip Dow Jones industrial average was the only one of the three major averages to end the week in the black, rising a modest 0.2 percent. Following four straight weeks of gains, both the broader Standard & Poor's 500 index and the tech-heavy Nasdaq Composite ended lower for the week. The S&P closed down 0.7 percent, while the Nasdaq finished off 0.1 percent last week. "We are in the muddle-through period of time," said Donna Van Vlack, director of trading at Brandywine Asset Management. "I'm more of the mind-set that the worst has happened this year." Still, the market will certainly be taking cues this week from a Wednesday speech by Federal Reserve Chairman Alan Greenspan and any news that could signal an impending U.S. military strike on Iraq. Economic data will also be center stage, most notably the October retail sales figures due Thursday, which are expected to rise. A Reuters survey put the month-on-month increase at 0.2 percent, excluding car sales, or flat with autos included. Another key figure for the market, the University of Michigan index of consumer confidence, is due on Friday. A Reuters poll put the preliminary November index at 81.3, up from 80.6 for October. "Retail sales will be watched very carefully," said Hugh Johnson, chief investment officer at First Albany. "There is a great deal of edginess about consumer spending." Also offering insight into the spending habits of American consumers will be earnings reports from several retail heavyweights, including No. 1 retailer Wal-Mart Stores Inc. on Wednesday and discounter Target Corp. on Thursday. Last week, U.S. retailers reported mostly higher October same-store sales, alleviating fears of a disastrous holiday season. WHAT GREENSPAN KNOWS Experts were divided over whether Fed chief Greenspan's testimony before the Congressional Joint Economic Committee, in which he is expected to discuss last week's interest-rate cut, will do much to move stocks as long as corporate profits and economic data remain spotty. "The rate's being cut more than expected is good news ... but it doesn't sell any more semiconductors, if you know what I mean," Gretz said. "Greenspan can sit there and tell you things are good but until business sees it or the market perceives it, it doesn't really matter what Greenspan says," he said. The Fed last week surprised the market by unleashing a bigger-than-expected, half-percentage point slash in interest rates, raising worries the U.S. economy is in worse shape than widely thought. Many investors, therefore, are anxious to hear Greenspan's reasoning behind the hefty cut. "There will be a lot of attention on that," Johnson said. "What does he know that we don't know?" Events pointing toward an approaching war between the United States and Iraq are also sure to prompt short-term moves in the market, though investors resisted putting too much stock in the still-evolving diplomatic struggle. "This is such a work in progress it's probably going to take as long to sort through as Enron or WorldCom," Van Vlack said. "So who knows?" On Friday, the U.N. Security Council told Iraq's President Saddam Hussein he had a week to accept terms of a tough U.S.-initiated resolution, giving Iraq one last chance to eliminate its weapons of mass destruction or face "serious consequences." Approval of the resolution, which had been widely expected by Wall Street, did little to move stocks, traders said. (The Wall St Week Ahead column appears weekly. Comments or questions can be e-mailed to nichola.groom@reuters.com)