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McClellan Oscillator gave a weak intermediate term buy signal on 07Sep (also
signaled that an intermediate term bottom is probably not in place) and VIX
(22.78) has quickly approached the 22.50/19 area from which most
corrections/major declines take place. S&P and bonds are both baffling but I
suspect that Dec S&P will reach 1390-1420 and VIX close to 19 in another 3-6
days before we get a meaningful decline.
Earl
----- Original Message -----
From: <Proffittak@xxxxxxx>
To: <dbisn@xxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxx>
Sent: Friday, September 10, 1999 8:58 AM
Subject: Re: Is the S&P Index P/C ratio wrong?
> this is an EARLY warning that we will top in 3-5 buss days
> hope this help
> Ben
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