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for tomorrow there is high probability of a lower low
then bounce
Ben
----- Original Message -----
From: "dowsp" <dowsp@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, June 23, 2003 5:00 PM
Subject: [RT] Re: SPX...hee-hee...
> Hi Victoria,
>
> Like the chart !
>
> I agree todays low could be vital,
>
> Not sure if I think the 17th top on the DJ will break though.
> if so will be watching the 3rd to 7th July.
>
> That trendline from Mar 12th low was hit on the spx last hour.
>
> Dow didnt quiet hit,.
>
> If 9050 on DJ breaks may be weak again.
>
> Pete
>
>
>
> --- In realtraders@xxxxxxxxxxxxxxx, victoria keeling
> <thegirlisherenow@xxxx> wrote:
> > Duh, should I be embarassed to show my face today?...ah, we all
> make mistakes...it's just tough when they're so public. This
> correction was due. And it will be even more positive if it drops a
> few more points to the bottom of the channel around 972. A lot of
> folks may be thinkin this rally is over... but look for [very
> possible] new highs from here, as we are still in an uptrend off the
> march low! All bets are off if the channel is taken out to the
> downside in the next day or so...BUT...if not, we could see a strong
> thrust up over the next several weeks.
> >
> > The attached chart was done earlier today...since then, price is
> dropping closer to the channel bottom. That will change
> the "potential" targets a bit...but still check out the area for the
> Bradley turn date of 7/2. [The projected path I drew in is only for
> general direction.] I see that Arch Crawford is looking for a big
> drop after the Bradley date...however, IF we close above the median
> line shown on the chart, there is a good chance the SPX will make a
> run for the top of the channel! Sure, this is "just" a bull rally in
> a secular bear mkt, but I'd think hard about selling it short just
> yet...
> >
> > [As for accurate market predictions, ya can't beat Jim Curry, with
> his hand-drawn Hurst charts and cycle timing. I'd love to know what
> he's saying right now!]
> >
> > Alright, that's enough fun for today...
> >
> > Victoria
> >
> >
> >
> > ---------------------------------
> > Do you Yahoo!?
> > SBC Yahoo! DSL - Now only $29.95 per month!
>
>
>
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>
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