[RT] Re: SP/NDX update my 2 cents

[Don Thompson <detomps@xxxxxxxxxxx>]

My quick and dirty Range analysis 
shows an 80% chance of an up close from Friday's close, this 
means
it's highly 
probable.
 
Also a gap up open has better than 
80% odds for a higher high.
A gap down has better than 80% 
odds for a lower low, Zero to nil for a higher high, and 25% chance of a 

lower close.  Thus a gap down 
will continue to bring out the selling.   A gap up open in my opinion 
might 
start making the dead cat 
fly..
 
Don Thompson
<BLOCKQUOTE 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000080 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Clyde Lee 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Sunday, January 20, 2002 4:17 
  PM
  Subject: Re: [RT] Re: [gannsghost] SP/NDX 
  update
  
  See attached chart for my read which kinda 
  supports Bens.
   
  Clyde



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