Re: [RT] short term top

["ira" <mr.ira@xxxxxxxxxxxxx>]

One other thing.  If 870 is hit on the 
retracement you can look for 863 as support.
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Hill, 
  Ernie 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:'realtraders@xxxxxxxxxxxxxxx'">'realtraders@xxxxxxxxxxxxxxx' 
  
  Sent: Wednesday, October 16, 2002 6:25 
  PM
  Subject: RE: [RT] short term top
  
  Hi 
  Ben,
  <SPAN 
  class=449221901-17102002> 
  <SPAN 
  class=449221901-17102002>Thanks for the compliment, but it may be a tad 
  premature. We shall see. The post I made to my group tonight best 
  explains my position. Here it is.
  <SPAN 
  class=449221901-17102002> 
  <SPAN 
  class=449221901-17102002>  
  I am not yet completely convinced that 
  the high is in. Yesterday&#8217;s high of 881.27 was uncharacteristically short of 
  the forecast target. I am usually within six points. I know this is splitting 
  hairs, but it causes me some concern. If the high has yet to happen it will 
  almost certainly have to happen tomorrow. A break of 875 cash basis, and we 
  will likely put in a new high for the move tomorrow. If we do see a new high 
  for the move tomorrow it would be a real good place to get short if we move to 
  within six points of the target ranges, which for tomorrow will be 889-890 
  & 904-905.
   
  If the high has indeed been made I am 
  forecasting a low for 10-23 plus or minus 2 days, and I am leaning toward this 
  low coming in on the early side of that date. My first target range is 817-825 
  the next target range would be 812-806. A break of 855 tomorrow will all but 
  confirm yesterday as the high, and set the stage for further decline to the 
  first target range.
   
  E<SPAN 
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  href="http://groups.yahoo.com/group/snpforecasts/";>http://groups.yahoo.com/group/snpforecasts/
  
    <FONT face=Tahoma 
    size=2>-----Original Message-----From: profitok 
    [mailto:profitok@xxxxxxxxxxxxx]Sent: Tuesday, October 15, 2002 
    9:50 PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: 
    [RT] short term top
    Great call Ernie
     
    were in price and time is your next turn?
    (my vote is for 10/21)
    Ben
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      ----- Original Message ----- 
      <DIV 
      style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
      Hill, 
      Ernie 
      To: <A 
      title=realtraders@xxxxxxxxxxxxxxx 
      href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
      ; <A title=SPX_Swing_Trading@xxxxxxxxxxxxxxx 
      href="mailto:SPX_Swing_Trading@xxxxxxxxxxxxxxx";>SPX_Swing_Trading@xxxxxxxxxxxxxxx 
      
      Sent: Tuesday, October 15, 2002 11:17 
      AM
      Subject: [RT] short term top
      
      
      <SPAN 
      style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">I am looking for a short term 
      top either today or early tomorrow in the 887-890 
      range.
      <SPAN 
      style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"> 
      <SPAN 
      style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">E
      <SPAN 
      style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><A 
      href="http://groups.yahoo.com/group/snpforecasts/";>http://groups.yahoo.com/group/snpforecasts/
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