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Long sideways move is hazardous as big moving
coming, could be up could be down, lets see what happens.
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=trader@xxxxxxxxxxxxxxxxxxxx
href="">Essan Soobratty
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, February 06, 2003 9:28
PM
Subject: [RT] SP H3
Closing 70% of my shorts late yesterday proved to
be a tad too early. Remaining 30% was closed out today. As
long as Dow futures hold their horizontal channel I still think we see a
bounce towards the 860-870 area in SP before we try again at the
downside.
Charts attached for SP and DJ (120min 7:30-15:15
cst).
After tomorrows NFP figures I will be outta here
for a long weekend up in cold Wisconsin. Have a nice w/e
all.
<FONT face=Arial
size=2>
Essan.
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