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A better up day than today in spx for tomorrow(in %)
However less than impressive day on NASDAQ tomorrow
nice evening
Ben
----- Original Message -----
From: <virtualkahuna@xxxxxxxxx>
To: <wheelsinthesky@xxxxxxxxxxxxxxx>
Sent: Monday, February 03, 2003 9:28 AM
Subject: [wheelsinthesky] Re: SP500 update
> Thanks Ben
> My work suggests the bears will see 811 or lower within the next 4
> TDs. Several things prompted to me to draw this conclusion: 1)
> Classic TA ... a series of lower highs & lows appear on the daily
> charts 2) I could not make any day counts or weekly counts fit a
> bullish forecast or a CIT and 3) An article by R Merriman discussing
> cosmic correlations. An interesting tidbit is that Friday's SPX.X
> close was below the 10/28/97 close of 855.84 which occurred 1321 days
> ago. I am not suggesting absolutes with my work as much as presenting
> my interpretation. Any feedback appreciated.
>
> To the victor go the spoils
> vK
>
> --- In wheelsinthesky@xxxxxxxxxxxxxxx, profitok <profitok@xxxx> wrote:
> > Hello
> > I have attached on the bottom a gif
> > the top left is spx
> > the bottom left is the mbi(market barometer index)
> > it sure is showing a bullish divergence
> > the bottom right is the macd difference of the dif between
> the 2 exp m/a
> > they TOO are showing a bullish divergence
> > the only MAIN IMPORTANT part is the top right of the gif, it
> shows that volume is in BIG trouble
> > conclusion
> > we still see 798 in 10 buss days, but my upside potential have
> been moved from 875-883
> > to 880-890 by 2/4-2/6
> > nice week end
> > Ben
>
>
>
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