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Yo!, John we are in agreement.
BobR
At 12:22 PM 11/17/97 -0500, G.John Boggio wrote:
>Realtraders,
>
> Just to let you know, my short-term charts are indicating that we are
>fast approaching significant overhead resistance as well as overbought
>indications in the market. Currently it is 12:15pm est and the SP Z7 is
>trading at 95120, and the $SPX at 946.70. Presently, I see this overhead
>resistance coming in at 95500 and 950-952 respectively. Further, we DO
>have symmetrical resistance at those levels. Therefore, for the short-term
>trader, there would appear to be very nice shorting opportunities in this
>market. For the intermediate trader, you may want to sell some of your
>positions so as to lock in profits.
>
>Yours truly,
>John Boggio
>
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