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


To: CharlieChina who wrote (15633)12/26/2002 9:59:45 PM
From: dvdw©  Respond to of 19219
 
Nicholas I like your charts they look good.

I became a bear several weeks ago and will probably remain bearish for some time. MY SIP portfolio updated for the short data showed tremendous increases in short activity; it's the price suppression tactics for the purpose of accumulation that embolden the bears. Everyone trying to get hold of Supply at cheapest prices in order to benefit from the big changes coming in the Soc Sec. system.

The strategy for now is stalk this bear, meeting him at the window, piggy back on his larceny.



To: CharlieChina who wrote (15633)12/28/2002 9:22:19 AM
From: CharlieChina  Read Replies (1) | Respond to of 19219
 
Weekend, Closing Notes:

The Market(i.e Dow)went through it's December 27, 2002 turn-date with slicing force, despite the low volume.

What is next? 8000 on the Dow by January 2003. By reaching this level, most, if not all turn indicators will have positioned negative, thus providing a formula for a steady decline to a range of 7500-7197 within 2 months(Late-February 2003). It is too early to publish, but, there does not seem to be any healthy corrective rallies in sight until 7500-7197 is reached.

Next Update on SI will be January 4, 2003, therefore, Happy New Year to All.

The below link contains Daily Dow Jones Forecasting and Timing:
stockcharts.com

The below link contains complete information with Weekly Track Records.
geocities.com

If there is an overflow problem try:
geocities.com

Use at your own risk

In closing, PM Private with your email, if you would like to receive ZENiT Weekly updates...its free...