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FWIW, an surprise interest rate cut rumor starting circulatiing around 1:00
EST . . .
don ewers
----- Original Message -----
From: "Jim White" <jwhite43@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, June 12, 2001 12:25 PM
Subject: Re: [RT] S&P
Volume accumulation began on the S&P at approximately 11:30 this morning.
The 1235 .75 low should hold.
Jim
----- Original Message -----
From: Jim White
To: realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, June 12, 2001 7:59 AM
Subject: Re: [RT] S&P
The S&P hit the lower bound of my forecast this morning. If 1235 holds,
look for a late day rally and up day tomorrow. There are strong impulse days
on Wednesday and Friday which could reverse the market again. If a low is
confirmed for today, I would expect a high next Tuesday. If 1235 is broken,
the next low window is next Friday.
Jim
----- Original Message -----
From: Jim White
To: realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, June 09, 2001 6:12 AM
Subject: Re: [RT] S&P
Earl,
My work indicates a low on 6/12 between 1235 and 1245
Jim
----- Original Message -----
From: rosow@xxxxxxx
To: realtraders@xxxxxxxxxxxxxxx
Sent: Friday, June 08, 2001 6:14 PM
Subject: Re: [RT] S&P
Earl,
I see 1216 - 1226 as good fib support and a wave B termination. See
chart.
Lenny
In a message dated 6/8/2001 3:27:45 PM Eastern Daylight Time,
eadamy@xxxxxxxxxx writes:
If price fails short of the green line and comes back to the red
line just
above this morning's lows, the rally is probably kaput. Price action
had
been bullish into the close and I thought we'd see a new high but
the worm
kinda turned with another gap open this morning.
Earl
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