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Hello Travis
my volume work suggests that the max upside for this
move is 869 and 1362 for NASDAQ
this may be intra day high
there is BETTER than 80% probability of a lower
close on both nd and sp tomorrow,
and IF we close up it will be a small
amount,
best regards
Ben
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Travis
Jordan
To: <A
title=wheelsinthesky@xxxxxxxxxxxxxxx
href="">wheelsinthesky@xxxxxxxxxxxxxxx
Sent: Tuesday, February 18, 2003 7:25
PM
Subject: RE: [wheelsinthesky]
(unknown)
The
high comes tomorrow no matter what price level. Like you, I have 855 and
870. However, new calculations show a double top in the SPX at 853 +/- is more
likely. The way I see it, a flat to small gap up open in the futures tomorrow
is a sign the futures are going to reverse early.
<FONT face=Arial color=#0000ff
size=2>
I'm
not sure what sentiment measures you are referring to. If this is a major
low, the S&P commercials are on the wrong side. They have been
aggressively shorting the S&P the last three weeks. The small traders
still holding on to their longs. I know rydex funds ratio is bullish.
Weekly option indicators are bearish. VXN is bearish. Weekly II bears EMA
is bearish.
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2> We are in a sideways movement as the bulls are buying based on
higher low and ABC decline. Bears will sell as trend is down and cycles are
still down. Trading the extremes will be profitable. We are nearing the next
extreme.
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>Travis
<FONT
face=Tahoma size=2>-----Original Message-----From: hlfinally
<bltrading@xxxxxxx> [mailto:bltrading@xxxxxxx] Sent:
Tuesday, February 18, 2003 3:08 PMTo:
wheelsinthesky@xxxxxxxxxxxxxxxSubject: [wheelsinthesky]
(unknown)Are you talking about the 12/14/01
eclipse? I'm more worried about Mars return to Capricorn
911.Does Travis' 855 cap this tomorrow? Plenty of stuff at 855 and
870. Problem is sentiment is so bearish.Bonds squeezed back up
today.--- In wheelsinthesky@xxxxxxxxxxxxxxx, "thewitsb4
<thewitsb4@xxxx>" <thewitsb4@xxxx> wrote:> Hi
Yen,> > Yes it appears that change is coming
over the next 2 weeks. There > is also an eclipse point
that gets hit by the war lord right around > the time of the Saturn
stationary.> > BrianTo unsubscribe
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