Re: [RT] Short term

["Rhonda Guilbeaux" <guilbear@xxxxxxxxxxxxx>]

Thanks a lot Bob for pointing
that 
out.  
Best,
Rhonda
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  BobR 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Thursday, April 10, 2003 10:54 
  AM
  Subject: Re: [RT] Short term
  
  Personally, I would raise that SPX MPP of 850 and 
  leave a bit OI on the table for hedging purposes.  The OEX (more for 
  speculators) did land right on its MPP of 440 on Wednesday.  Now its just 
  oscillating +,- a couple of points.  Its just one way to look at 
  sentiment...just another factor for consideration.  The XMI pivot point 
  channel does look like it is putting in a low right now.  The XMI is 
  composed of the 20 largest market cap DOW stocks. 
   
  bobr
  <BLOCKQUOTE 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    Rhonda 
    Guilbeaux 
    To: <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="">realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Thursday, April 10, 2003 8:39 
    AM
    Subject: [RT] Short term
    
    "Possible" short term low forming.<FONT 
    face=Arial size=2> 
    Hurst 4 shows yesterday 
    into today.   Weekly Projected High 900, 
    Projected
    low 858 for this week. 5 plus 858 is 863. 
      Still holding above 858, but 
    
    still consolidating at the lows
    at present.  
     
     If last weeks lows tested 
    and broken obviously
    would become an acceleration in the present 
    downtrend. 
    For now still above  higher support and 50 
    day ma also. 
    Time/Price will tell.
    
    Noted Max Pain BobR  posted at 850 in a 
    previous post; also Ira's and Jim's
    recent posts.    Thanks.  
    
     
     
    Best,
    RhondaTo unsubscribe 
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