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In a message dated 1/6/99 10:41:06 PM Eastern Standard Time,
nwinski@xxxxxxxxxxxxxxx writes:
<< so a sharp move up to the SPX 1356 level into the Jan. 15 weekend would be
the next time and price
to consider a short term high for SPX. If it doesn't come out that way,
then I was wrong about the current tune (ala name that tune) and so I
wouldn't bet any money. If the pattern does develop per my
above projection, and the option sentiment at that time is excessively
bullish, then you can sell against 1356 and only risk about 1% of the
underlying value i.e. about $14 for a chance to make 100 - 150 SPX dollars.
Musically,
Norman >>
good morning
adv dec is not confirmiming your prediction
McClullen is only at +131
volume is not confirming this move
and new hi are only 153 compare to 350-500 in july
short term a 50 point sp down to a nya of 587.93 then new hi@xxxxx sp
points above yeasterday close date3/20/99or 02/07/99
then major low with 90% probability of yearly low between 04/07/99-05/14/99
price lower then oct 8 1998 low
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