RE: [RT] SPX index forecast

["Lee Morris" <LMorris@xxxxxxxxxx>]

A lot 
of things are lining up for a strong summer rally from near 
here

  <FONT face=Tahoma 
  size=2>-----Original Message-----From: Earl Adamy 
  [mailto:eadamy@xxxxxxxxxx]Sent: Friday, May 24, 2002 10:55 
  AMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT] SPX 
  index forecastAttached weekly chart of SP continuous 
  unadjusted futures shows targets fora major W.C. The major problem is that 
  the clock keeps ticking away on thetime portion without meaningful 
  progress. Reaching the price/time targets isgoing to take one hell of a 
  fast and furious rally. The fly in the ointmenton that scenario is 
  attached 6+- year weekly chart of SPX and VIX whichsuggests to me that the 
  market is in no position to mount a fast and furiousrally. Looking more 
  and more like more fast and furious short term ralliesand 
  declines.Earl----- Original Message -----From: "Lee 
  Morris" <LMorris@xxxxxxxxxx>To: 
  <realtraders@xxxxxxxxxxxxxxx>Sent: Friday, May 24, 2002 8:21 
  AMSubject: RE: [RT] SPX index forecast> I am basically 
  agreeing with that plot only after a quick pullback to get> the vix and 
  p/c in better positionsTo 
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