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Looks like strong resistance at 1433.81.
BR
----- Original Message -----
From: Earl Adamy <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, January 07, 2000 10:15 AM
Subject: [RT] Re: position trading for futures/sp500
> March SP 30 minute showing a beautiful bull flag. Low risk opportunity
> to add to trading longs with tight stop.
>
> Earl
>
> ----- Original Message -----
> From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Friday, January 07, 2000 7:54 AM
> Subject: [RT] Re: position trading for futures/sp500
>
>
> > Set-up pending for tradable rally in S&P - key is 1427 area. Yesterday
> > was inside day and NYSE breadth models have been getting stronger past
> > two days.
> >
> > Earl
> >
> > ----- Original Message -----
> > From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxxxxxxxxxxxxx@realtraders.com>
> > Sent: Thursday, January 06, 2000 6:02 AM
> > Subject: [RT] Re: position trading for futures/sp500
> >
> >
> > > I watch oscillators based on both daily and weekly NASDAQ and NYSE
> > > breadth: a/d, a/d volume, hi/lo. The NYSE breadth has been improving
> > for
> > > past couple of weeks. This decline has not been accompanied by the
> > > massive deterioration I would expect to see in a major sell-off.
> > Always
> > > subject to revision as the market dictates, but at this point the
> bull
> > > does not appear to be dead. I note further that the Ru2000 small cap
> > > index has formed a very nice C&H bottom which could support a nice
> > > advance assuming the 470 area (March) manages to hold which would be
> a
> > > 38% retracement of the rally from the October low.
> > >
> > > Earl
> >
>
>
>
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