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

To: LTK007 who wrote (15138)	12/1/2002 2:54:55 AM
From: da_cheif™	Read Replies (2) \| Respond to of 19219

godfrey... the coming advance will make wat happened in the 90.s look like childs play incomparison....your total rejection of that idea is exactly the kind of response that I got from that mensa prechter in decemeber 87 when i told him and the world that the bubble high of august 87 will be taken out like a hot knife thru butter and that 10k was a piece of cake......and most laffed at that idea all the way up......especially everytime a 4 year cycle low was made...lmao...u know 1990 94 98 2002...

To: LTK007 who wrote (15138)	12/1/2002 1:55:51 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

I quantify this in two different time sets: 1)the massive launch off the 4 year midterm presidential cycle low now etched in stone and the 50% to 75% and potential additional upside gain off this October 2002 bottom well into 2003 pre-election year top (July or later); and 2)looking at how high this advance will take us off this rocket launch pad oct 2002 low in determining how far this leg will go in duration measured in time and the level of NYSE member distribution into this 2003 top. If few participate in this leg up and inconsequential member distribution is the end result of this massive launch - we will have much further to go in terms of higher prices and time. It is not inconceivable that if few participate in this leg up, this rally could take us into 2007-2008 with bumps along the way. 2008 Grand Supercycle high is not out of the question and would be poetic as this is fibonacci 21 years off the 87 crash and by that time Prechter would have thrown in the white towel - AGAIN. I have other reasons arguments for and against 2003 - 2004 highs (2003 = 21 years off the 82 lows) vs 2007 -2008 that I am not going to address at this time as these ideas have been snuffed by the likes of the Bear amigo's and are not readily accepted in this secular world in which we live. Best Regards, J.T.