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Re: [RT] spx daily



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Hello
 
I am with you  that  there is a high 
probability that we make a lower high tomorrow or Fri. and then  
collapse
Ben
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Rhonda 
  Guilbeaux 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Wednesday, May 21, 2003 7:37 
  PM
  Subject: [RT] spx daily
  
  Last quarter's candle waist 882.right at the 
  200 dma area. 
   
  Higher support..at the 898 area.. (near the 
  rising 50dma)Wouldn't  be surprised to see this price level tested.. 
  and also to hold, initially
  anyway.<FONT face=Arial 
  size=2>if not, 867-882 looks to be a good higher support area. Breaking 
  above last weeks highs and more important953-955  then I am 
  incorrect in my assessment  that last week'shigh is "semi" 
  important and perhaps
  a slightly stronger pullback than 
  what
  we've seen thus far coming off the 
  March higher low. 
   
  Tend to think any high made latter 
  week
  will be a lower high than last weeks 

  high as
  last weeks low was broken below. 
  I do
  Best,
  Rhonda
   
   
   
   
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