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[RT] Re: S&P500 Near Term High Risk....?



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Wondering what you are seeing. Just looking at price I see air underneath to
about the 62 handle. (Jan31) And MACD on 60m chart gave a sell signal
yesterday. I am not asserting anything here, just wonder what I am missing.



____ Michael


----- Original Message -----
From: <Proffittak@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, February 17, 2000 19:46
Subject: [RT] Re: S&P500 Near Term High Risk....?


| In a message dated 2/17/00 7:49:34 PM Eastern Standard Time,
| Jpilleafe@xxxxxxx writes:
|
| << There are bullish considerations. For instance seasonally the
|  day before and day after a Holiday (Monday) are bullish.  And short
|  term indicators are "oversold".  Liquidity is high,..etc.  Still,..to me
|  the negatives outweigh the positives.  Nagging thoughts...
|
|  Could this be the dip that should not be bought?...
|  or are these feelings the best contrary indicator?
|
|  Any feedback or input from others is appreciated.
|
|  Regards, Jim Pilliod     jpilleafe@xxxxxxx
|   >>
|
| hi
| my indicators are 10 day oversold  240 out of   350 (10 year max)
| so i would buy the sell of tomorrow
|
|
|