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

To: J.T. who wrote (18)	6/2/1999 5:30:00 PM
From: J.T.	Read Replies (2) \| Respond to of 19219

MARKET INDEX LABORATORY, June 2, 1999 Index Pr Cls Open High Low Close Change %Change DOW 10,596 10,595 10,628 10,465 10,578 -18 -.02% SPX 1,294 1,294 1,297 1,278 1,295 + 1 +.04% COMP 2,412 2,411 2,437 2,365 2,432 +20 +.08% NDX 2,026 2,026 2,075 1,987 2,075 +49 +2.4% PSE 521 521 533 513 531 +10 +2.0% RUT 437 437 437 431 437 - 0 % SOX 376 376 397 372 396 +20 +5.4% BKX 831 830 831 812 823 - 8 - 1 % DOT 557 554 567 528 557 - 0 % IIX 282 282 290 269 285 + 3 +1.1% TRAN 3,467 3,467 3,468 3,381 3,428 -39 -1.1% UTIL 325 325 326 325 324 - 1 -0.3% XAU 60 60 61 59.8 61 + 1 +1.1% **DISCLOSURE** All information provided is on a best efforts basis and there can be no guarantee as regards to perfect accuracy. When an index is up or down roughly 1/2 point it may generate zero net change. Please report any discrepancies or errors to the host and he will make every effort to verify potential mistakes and correct market statistics. Thank You. J.T.

To: J.T. who wrote (18)	6/7/1999 10:21:00 PM
From: JLIHAI	Read Replies (1) \| Respond to of 19219

J.T. The only indexes I routinely follow that I haven't seen you list yet are the CYC (cyclical) and the OSX (oil services). As a broad indicator of underlying sector movement, the CYC is valuable. The OSX is probably a little too specialized. I have been using the method of using indexes to gauge where I'm likely to be able to trade most profitably since 1995. The nice thing about the indexes is that they are real-time on SI (the ones that they have, anyway). When the index shows strength or weakness with some technical predictability attached to it, I take a position in a stock in that sector. It's worked well for me. Welcome your thoughts and comments. JL