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MKT: Turning point and welcoming of mini contract



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We strongly believe that Thuesday Sept. 9th., will be a strong turning point
in the market.  We think that the market will resume its downward move and
it could be in a rapid manner.

This move will then have begun by the time we get to 11:30(EST).  75%
chances for a down move that should last many days before we hit a bottom
(short term - at least) against 25% for an up move.  In any case, we should
obtain an impressive move on one side or another.

Perhaps this will be the welcoming of the S&P 500 mini contract.

ON JULY 27, 1997 - This was the last time we wrote to the group and here is
what we had to say:


Our studies show that we have reached a top on the S&P 500 Futures friday
July 25th. 

We believe that this top will not be violated for at least WEEKS and could
even be of much more significance... We will define it more precisely as
time goes by...

The results of this study were obtained and are based on W.D. GANN theories,
Elliott wave principles and Fibonnacci applications.

We hope that this could help your way of trading the market in the weeks ahead.

Sincerely,

 
Jean Comeau     http://www.cgocable.ca/trader

e-mail:  jcomeau@xxxxxxxxxxxxxx