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

To: J.T. who wrote (16726)	3/29/2003 1:29:38 AM
From: High-Tech East	Read Replies (2) \| Respond to of 19219

<<Let me leave you with one single reason why the market is going SIGNIFICANTLY HIGHER. The NYSE Members Report in this reporting Week (2 week delayed basis) had the LARGEST LEVEL OF BUYING IN A SINGLE WEEK in the NET BALANCE INDEX in the HISTORY OF THE NEW YORK STOCK EXCHANGE. A POSITIVE 588,248 MILLION NET SHARES WERE BOUGHT IN THE WEEK ENDING MARCH 14, 2003. And this heist occurred right before the launch.... which has only just begun.>> ... by itself J.T., I accept what you say, but frankly, you have made many similar claims in the last couple of years, and most of them were wrong big-time ... sell me and convince me that this time is different ... Respectfully in friendship ................. Ken

To: J.T. who wrote (16726)	3/29/2003 6:12:26 PM
From: Dan Duchardt	Read Replies (1) \| Respond to of 19219

My recollection of all your past comments about this metric is that it is always published two weeks after the fact. Looking back now, this accumulation would seem to be a logical explanation for the massive rally that began late that week and continued through the following week. My question is what happened to this number during that runup? Did the members unload the majority of those accumulated shares on the public and funds at a healthy profit? Are they ready to take it down and reload? Next weekend will we look back and see that as of the end of last week (3/21) they had lightened up considerably, and see that as an explanation for why the market retreated in the past week and the week to come? I just can't see this lagging data as a useful indicator of what is to come. By the time we see it, the effect may well be over.

To: J.T. who wrote (16726)	11/15/2003 8:33:34 PM
From: J.T.	Respond to of 19219

Well.. well..well The elephant has entered the stage on the NYSE again... Just in time for another monster leg UP... The NYSE Members Net Balance Index comes in at ... A whopping 540,105 Million shares accumulated in the week ending 10/31/2003 by the smart money. Another heist.... just like in March of 2003- The second largest ever recorded only to March 14, 2003- prior to invasion of Iraq as recorded in the archives here on MITA to no one who would listen: Message 18770078 Also- public shorting above the NYSE Members week after week expecting an 'end of the world' apocalyptic orgy. The prophets of DOOM pandering about... I am not screaming from the mountain tops anymore. Time for another launch of the rocket in short order... Sniffing out Saddam - who is finally about to be TOAST! You heard it here first. It is.... the rest of the story... Sweet Dreams... Best Regards, J.T.