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Balanced View: Intelligent Discussion of Market Trends (VIEW) ...related.......
Indices & Thread Links: UKX, Dax, Jap, Opt, QQQ, SPX, Trin, View *stGlds, Dow6

Let's keep Abuse Out, Discussion in. (Dow6 Q's TIP #1 XBP ) VIEW's: 2004 : TRAD : OilUK : FTSE
INDU Weekly from Chart : Daily TRIN 610d.MA =----- : 60 Min.INDU :SPX-10d/15min : BKX:SMH:Q-2d


= = = = = =
++ BULLish Points (Note: points labelled "no" have changed)
NO Interest rates are near all time lows, and look set to stay low
.. The US economy is growing fast, and job creation is bouncing back
.. Four year cycle bottomed in Oct.2002, a 2 years+ up is normal
.. A US election will happen in 2004, and election years are often up
.. Investor confidence has been restored, money is pouring in
.. Momentum has slowed, but remains positive. MT indicators are still up
.. spx commercial hedgers are not (yet) heavily short, they matter. (mab)

-- BEARish points
.. Debt is at unprecedented levels, worse even than 1929, as a % GNP
.. US (& global) money supply has been growing at an unsustainable rate
.. Bond prices are falling, and short term rates have turned higher
.. Inflation looks set to pick up, led by metal and food prices : oil
.. Western world is vulnerable to Terrorist attacks
.. The Peace in Iraq is not going well
.. PE ratios are at high levels, some higher than early 2000
.. Insiders are selling at a rapid pace
.. There has been a sharp increase in Margin debt, now at a record
.. Momentum is waning. Sell/downtick volume is rising in recent days
.. bull/bear sentiment is extremely bullish (mab) : Pct.Advisors Bullish
.. Largest MktCap stocks in Dow are Underperforming the Average
.. Put/call Ratio is at an EXTREME = Bearish

FEATURED CHARTS: DowJIA (INDU) versus Largest MktCap components...

.Manip#1 CAT-$29Bn. Manip#2 UTX-$44Bn. ...Other: MMM-$65Bn / --INDU--$3Tr.?.

D6: M2+
Versus: Dow6, the Largest MktCap stocks in the Dow Index

.d#1--GE--$309Bn.. .d#2-MSFT-$295Bn.. .d#3--WMT--$231Bn.. // VIX volatility .. 10yr(TNX)

.d#4---C--$246Bn.. .d#5-XOM--$259Bn.. .d#6-INTC--$200Bn.. ..d#7 -IBM-$160Bn

When the two Manipulatees ("Manips") are up more than the Dow6, it means that the smaller and easier-to-manipulate stocks are driving the Dow, not the Big caps

FEATURING... Per your Requests???

.d#?-CTX--Builder.. .TNX--10Yr.Yields. : TRIN : Peaks over 1.50-2.00 can mark Lows

= = = = = WATCH VOLUME, here on the Dow.Jones IndAve.......... : Semi's (SMH) for Early Warnings
LINKS: Go to: Post.#6748 : DJTA : SMH
Major Indices
Click: Title, for website; Chart, for Stockhouse Bullboard.
..SPX: 5 d., 30min. 89 MA . : 2 day, 5minute 200 MA . : 1 day, 2minute 300 MA ...
. .
S&P 500 Index (SPX): 10 day, One Hour

SPX Daily: Six Months

SPX Weekly: Three Years

SPX Weekly: Ten Years

..

Threads & Favs: Advfn: FB / PB : Nvest : TFNN / OBs+og