[RT] RT] [realtraders] S&P and Nasdaq S/R for 12/03/99 {09}

["Dr. John Cappello" <jvc689@xxxxxxxxxxx>]

Forgive me if this is a duplicate.I did not see the first one come through 
last night.
>>>The S&P closed at 1412.2 vs. 3113 for the Nasdaq.Numbers for
>>>both appear acceptable.
>>>By request:
>>>S&P
>>>
>>>Level 3 R=1422.7....S=1401.7...Drop dead Sell and Buy points.
>>>
>>>Level 2 R=1418.0....S=1406.4....Stop loss points or reversal if strong
>>>break
>>>
>>>Level 1 R=1415.0....S=1409.4....Sell and Buy stop points
>>>
>>>I believe the ideal opening trading range to be 1409.4 to
>>>1418.0.
>>>>>Nasdaq
>>>>>
>>>>>Level 3 R=3213............S=3013......Same descripton.
>>>>>
>>>>>Level 2 R=3168............S=3058......Ditto
>>>>>
>>>>>Level 1 R=3140............S=3086......Ditto
>>
>>>DESCRIPTION:Level 3 are points if reached have a high probabiltity for
>>>profit if sold at R or Bought at S. Level 2 are stop loss points if you
>>>enter at level 1.They are also breakout points if penetrated.Level 1
>>>assuming we open in the range are buy and sell points.If out of the range 
>>>no
>>>trade.
>
>John
>

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