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I still bet $$$ to donates that
935-939
WILL be a roof
Ben
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Stuart
Briscoe
To: <A
title=wheelsinthesky@xxxxxxxxxxxxxxx
href="">wheelsinthesky@xxxxxxxxxxxxxxx
Sent: Thursday, May 22, 2003 1:45
PM
Subject: Re: [wheelsinthesky] sp
500
Joe,
With a fresh wind at their back, the bulls will
force all the shorts to cover now. tick and tiki are especially strong
today.
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
joe frabosilio
To: <A
title=wheelsinthesky@xxxxxxxxxxxxxxx
href="">wheelsinthesky@xxxxxxxxxxxxxxx
Sent: Thursday, May 22, 2003 10:23
AM
Subject: Re: [wheelsinthesky] sp
500
At 06:21 PM 5/21/2003 -0500, you wrote:Hi
Stuart, I
was watching the futures this morning and the same for me, weakness and
caution. When I came back from court I saw the big rise in price, in
looking for what was the reason again rumor of hope about another rate
cut. My eyes just rolled back and not again, which shows that things
aren't as good as the Fed would like the public to believe.
IMO The
WSJ has been on a different path than the Fed. If anyone who has been
reading the paper would know what I'm talking about. Maybe I'm too
in-sync to what the WSJ is saying and whats going on in the Dallas/Fort
Worth area.
Bought
PUTS on some home builders expire in Jan 04.Trade Well,Joe
Frabosilio
Still
holding OEX 475 puts bought last Thurs and Friday. NYSE tick and
other internals were strong today and yet the SP was not able to break
above 925. One potential scenario has further weakness coming
in by late tomorrow/early Friday. Terrorist alerts seems to be
muting the positive effects of trader bullishness over MO and tech
strength. Back in the mode of anxiety before major US
holidays. Very light economic calendar this week and earnings
reporting is about over for Q1. <FONT
face=arial size=2>Will know soon if this correction bottomed on Tuesday or
this slight rally is just a w.4 retracement on 15-30 minute time
frame. Job claims at 08:30 et tomorrow could move market early only
if way out of expectations. Moving average of 400k is still
expected, indicating weakness still there. <FONT
face=arial size=2>June still looks weaker than May presently.
June-July often weak
historically.
----- Original Message -----
From: none
To: <A
href="">realtraders@xxxxxxxxxxxxxxx
; <A
href="">wheelsinthesky@xxxxxxxxxxxxxxx
; ntt-list@xxxxxxxxxxxxxxx
Sent: Wednesday, May 21, 2003 11:59 AM
Subject: [wheelsinthesky] sp 500
Hello
got stopped out of shorts at 922.5
(about 11:45am est)
Ben
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