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Traders,
Yesterday's projections are classic in the way the market
behaved today. The first part of the .gif shows this by
overlaying the projections for yesterday with today's data.
It seems obvious that there is a turn at 466 but using
5 bar smoothing it "ain't there yet" so I changed to a
4 bar smoothing and the bottom of the .gif tells us where
market is likely to go tomorrow.
33% for a quick turn up.
66% for it to reach the target from yesterday.
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Clyde Lee Chairman/CEO (Home of SwingMacine)
SYTECH Corporation email: <clydelee@xxxxxxx>
7910 Westglen, Suite 105 Work: (713) 783-9540
Houston, TX 77063 Fax: (713) 783-1092
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Attachment Converted: "c:\eudora\attach\oex600105.gif"
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