Subj : January 8, 2003
To   : 5:08 P.M.
From : Manley Hubbell
Date : Wed Jan 08 2003 05:02 pm

Long Term(18-40)US           CZ            DJ            AG
Moving Average {deltas} biweekly; bottom's daily {sometimes}
 26               106          82  <  -507                -46 
 6                    281     0        6wk>    172          0 
 18              97         -109   <6wk -327             -77 
 15               108       -60         4wk>     343         32 
 3              25           -4     <<     -95 ?              84 
 7              22            0            -72  \ Last        93 
 8              23            2            -73    \ Leg?      99 
 ADX
 7             2                9             5               8 
 8             2                10            5              7 
Short Term(9-18)US           CZ              DJ          AG
Moving Average {DELTAs}  daily
 19              93          -2   :      -132                 71 
 20              93           3           -109                70 
 23              93           3    eratic -108                64 
 30              91           9           -76               9 
 31              96           10          -76               15 
 2               96           11     data  -57               22 
 3               91           10           -28               28 
 7               86           9              23              49 
 8               83           9              18              59 
30  11304  197  2406 -4  833285 -98  4673 -3 
31  11222  103  2406 -6  834163 -67  4812  117 
02  11005 -116  2416  3  860752  181  4823  111 
03  11009 -109  2406 -7  860169  149  4903  171 
07  11011 -102  2436  20  874059  ?   4815  35 
08  11101  -10  2460  39  859531  70  4867  64 
_Li 30 there are missing days of data {as i've returned to cLass}
  
charts= 1 MMM 2 XAU 3 BONDS 4 IBM 5 QQQ 6 GD 7 DJIA
    130 ++--+----+-AA-+A--AA----+----+----+----
    128 ++AAA AA AA  A+ A  +AA  +    +    +    
    126 AA      A        A    AA             AA
    124 ++                      AAA A   AAA A  
    122 ++                         A A     A   
    120 ++                            AA       
     80 ++--+----+----+----+----+----+----+--A-
     78 ++  +    +    +    +    +  AA+A  A+   A
     76 ++                        A       AAA  
     74 ++                           A AA      
     72 ++                     A               
     70 ++   AA                 AA             
     68 ++  A  AAA  A       AAA                
     66 ++AA      AA A                         
     64 AA            AAAA A                   
     62 ++  +    +    +   A+    +    +    +    
        |        A                       A     
  11200 ++     AA   A           AA        A    
        |     A   AA          AA  A  A        A
  11000 ++AAA        A  A   AA     AA AAA  AAA 
        A    A        AA  AA                   
  10800 +A               A                     
     90 ++--+----+----+---A+----+----+----+----
     85 ++  +    +    AAAA AAAA +    +    +   A
     80 ++AAAAAA AAAAA         AAAAAAAAAAAA AA 
     75 AA      A                          A   
     28 ++            AAA AA                   
     27 ++               A  AA                 
     26 ++  AAA    AAA        AA AA AA   A   AA
     25 ++AA   A AA             A  A  AAA AA   
     24 AA      A                           A  
     84 ++            A                        
     82 ++   AAA       AA AAAAAA             A 
     80 ++AA    AA   A   A      AAA    A    A A
     78 AA  A     AAA              AAAA AAAA   
 900000 ++--+----+----+--A-+----+----+----+----
 880000 ++  +A   +   AAAA AA    +    +    +  A 
 860000 ++    AA  AA        AA AAA AA  A   AA A
 840000 AAAAA   AA  A         A   A  AA AAA    
MY LACK OF INTEREST? meas there are missing data days
So the charts are not continious but lacking that
nonethe less it remains my guess that the way to play
this ?"rally"? in DJ's would be to short XAU ...
timing of course would be the issue.. My guess A one
day drop {rail to rail} probably in the closing 1/2 hour
and possibly {not probably} on Experation day 1/17   ???
no i really dont care 
_Line 80    5:10 P.M. PST

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 * Origin: The Bare Bones BBS (1:105/360)

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