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Also....to throw in 2 cents...fib retracement level is around 1360....we are
close to that.
> -----Original Message-----
> From: Clyde Lee [mailto:clydelee@xxxxxxx]
> Sent: Tuesday, August 17, 1999 9:52 PM
> To: realtraders@xxxxxxxxxxxx; swingmachine
> Subject: [SM] MKT: whereforth now S&P regardless of commentators
>
>
> The attached covers the daily SP cash market since April, 1999
> and displays ALL of the projections that SM would have made
> along the path until now.
>
> You can judge how valid the potential projections are from
> this.
>
> HISTORICAL DATA says this little rally is about played out and
> that a short down leg is in the works.
>
> We shall see.
>
> Clyde
>
> The projected down leg is based on forcing a turn at the
> close of todays market -- may be may not be -- but the
> prior projection says it is out of up steam!
>
> cl
>
>
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