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[RT] Mkt - SP



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Here is something for consideration for Wednesday's open.  If the futures
stay above YUVA(yesterday's upper value area)1165.5 overnight, then first
expect a test of support at YUVA.  If that holds(vague statement, i know)
then expect a rally and test of R1, R2, R3.  If YUVA fails then expect YMVA
to be tested(YMVA=yesterday's mid value area).  If that fails, then expect a
test of S1 or YLVA(you know what that is now).  If those fail then expect
test of S2, and S3.

bobr

----- Original Message -----
From: "profitok" <profitok@xxxxxxxxxxxxx>
To: <gannsghost@xxxxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, March 12, 2002 8:23 PM
Subject: Re: [gannsghost] Re: [RT] sp500/nasdaq


> look at the last 5 days
> # of stocks  making new high  decrease while the sp500  kept making
higher
> high
> does that clears  the point
> just a bearish  divergence
> nice day
> Ben
>
> ----- Original Message -----
> From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Cc: <gannsghost@xxxxxxxxxxxxxxx>
> Sent: Tuesday, March 12, 2002 8:41 AM
> Subject: [gannsghost] Re: [RT] sp500/nasdaq
>
>
> > Attached find daily new highs and lows for the NASDAQ and NYSE (daily
and
> > weekly). Perhaps I did not correctly interpret your statement but it
looks
> > to me like the new highs have expanded quite nicely over this rally
while
> > new lows have declined?
> >
> > Earl
> >
> > ----- Original Message -----
> > From: "profitok" <profitok@xxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Cc: <gannsghost@xxxxxxxxxxxxxxx>
> > Sent: Monday, March 11, 2002 8:04 PM
> > Subject: [RT] sp500/nasdaq
> >
> >
> > > Hello and nice evening to all
> > > I have a bearish outlook  for at least until  3/15-3/18
> > > reasons
> > > a   the 5 and the 10 day  trin are at a 34 day low
> > > b:  with  the sp making a higher high almost daily  we STILL  do NOT
> have
> > increasing new yearly  new highs,,
> > > c:  p/c very bearish  (lowest in 34 days)
> > >
> > > just wondering also where the score for BOTH  NASDAQ and sp500 stand?
> > > good trading
> > > Ben
> > > p.s
> > > I still see   1212  sp cash by   4/1-4/3/02
> > >
> >
> >
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> >
> >
> >
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http://docs.yahoo.com/info/terms/
> >
> >
>
>
>
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