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hello
my work suggests that we already made the low for the next 2-4 days
Monday weakness should be bought
look at p/c and 5 day trin for BOTH SP and ND
enjoy the trip up
but stay close to the elevator door for a queck exit
this is STILL a dead cat bounce
Ben
----- Original Message -----
From: "Ira Tunik" <irat@xxxxxxxxx>
To: "realtraders" <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, June 16, 2001 11:49 AM
Subject: [RT] S&P index
> The daily chart reached a short term target to the downside on
> Friday. If the retracement to the upside exceeds 1274 then there is a
> very high probability of a double top at the 1316 high. If the rally
> can't take out that high then look for 1167 to the downside. This is
> not a trading recommendation, just one persons analysis. Ira.
>
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