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My all average low for a down close is 1001.00 It is about 75% chance.
Since my up close scenario had no chance for a lower low, there is a high
probability that
S&P will close down.
My tightest query is a down close.
Don
----- Original Message -----
From: "Ira Tunik" <irat@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, September 27, 2001 7:44 AM
Subject: Re: [RT] DEc S&P
> By the way 998 is a 60% number for this move down.
>
> Don Thompson wrote:
>
> > Ira,
> > I have found that odds of greater than 80 percent have a good chance of
> > happening,
> > if they don't usually a forcefull opposite expectation occures. 60% is
> > mildy bullish, if it is accompanied
> > by 70 to80% higher highs.. :) then you could expect it to happen.
> > Don
> >
> > > Well we got 1017 in the night session and that was the best that it
could
> > do
> > > for the maybe never came to pass.
> > >
> > > Ira Tunik wrote:
> > >
> > > > Looks a rally to 1016 and then maybe 1022. Only a 60% probability
of
> > > > 1022.
> > > >
> > > >
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