|
PureBytes Links
Trading Reference Links
|
The two day range on the cash SPX has narrowed to 22.71 points. This is
extremely narrow range. Last time it was this narrow was September 11,
2001 and the market put in a swing high. Contraction break outs can go
either way but I favor a move down from here.
>>> profitok@xxxxxxxxxxxxx 11/25/02 05:43PM >>>
Hello
We could make a higher high tomorrow on both NASDAQ and sp500
the statistical probability says a close up in sp is only 12%
and an up close on NASDAQ has only a 7% chance,,
this is NOT to say that by 12/4/02 we have 955-965 and NASDAQ
1500-1575
it is saying we take rest to gather steam to run higher,,
we ALSO took out Fri. low
if we take tomorrow Thursday low then the probability increase for a
lower close
Ben
----- Original Message -----
From: Access Restricted
To: wheelsinthesky@xxxxxxxxxxxxxxx
Sent: Monday, November 25, 2002 1:46 PM
Subject: [wheelsinthesky] RE: S&P/Nasdaq
We are entering an uptrend based on a seasonal cycle that won't
conclude until the 1st week in December. Setting sail for higher
highs after SPX found support at 923.31 today.
Yahoo! Groups Sponsor
ADVERTISEMENT
To unsubscribe from this group, send an email to:
wheelsinthesky-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|