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My guess would be 547 is a ceiling when looked at
on daily or the monthly price distribution chart. This coupled with a
Probability Sympathizer which is above the short and long bands today, means we
"probably" have a downside surprise ahead of us.
bobr
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Lee Morris
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, May 14, 2002 9:40 AM
Subject: RE: [RT] MKT -OEX
what
does this indicate
<FONT face=Tahoma
size=2>-----Original Message-----From: BobR
[mailto:bobrabcd@xxxxxxxxxxxxx]Sent: Tuesday, May 14, 2002 12:19
PMTo: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxxSubject:
[RT] MKT -OEXThis current level of OEX is at the
lower edge of a concentration of monthlylows and value area boundaries
going back to October. A monthly bearishpattern still appears to
be intact. The May distribution is only halfcomplete and so far it
has a "normal" distribution with hardly any up ordown bias indicated so
far. Perhaps there is a very minor skew to
theupside.bobrTo unsubscribe from this
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