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

To: Steve Lee who wrote (16442)	3/19/2003 8:11:25 AM
From: orkrious	Read Replies (1) \| Respond to of 19219

Greenspan had a meeting in Japan last week in which US and Japan agreed to intervene to save markets if necessary. Cincidence that on the same day the longest winning streak since 2001 started steve, do you have a link? tia ork

To: Steve Lee who wrote (16442)	3/19/2003 9:57:59 AM
From: Casaubon	Respond to of 19219

wouldn't one want to buy into such a "promise". Essentially the concept of a "free put" being placed under the market , again.

To: Steve Lee who wrote (16442)	3/19/2003 10:35:55 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

Do you think maybe US govt action is a factor in this rally? And if so, what might that mean for its sustainability? You could make the same case with the opposite conclusion: that the government, thru the fed, and 11 interest rate cuts, had no effect on turning around the stock market for 3 years. But, yes, check back even to 1914, the government closed the stock market for several months, opened it back up and she took off. The market is moving higher as it recalibrates the reduced risk premium as the war clears the fog of uncertainty. Best Regards, J.T.