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Most likely tomorrow we see a test of today's lows
(we may even break it by a point or so,)
However, My View of the market did not change,
we are closer to the bottom then you think,
I will be long at 965 , and 968
with stops at 962.5
will add to my longs at 987 , and 989.50,
this is JUST a short term bottom to make everyone run to cover their
shorts,
then they will take the boat down to the bottom
Ben
home of the perfect stop loss
profitok@xxxxxxxxxxxxx
----- Original Message -----
From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
To: "Wheelsinthesky" <wheelsinthesky@xxxxxxxxxxxxxxx>
Sent: Monday, August 04, 2003 4:00 PM
Subject: [wheelsinthesky] S&P 500
> Lorin may be correct about 900 or lower, however here my manual count of
the
> S&P 500 that I am currently working with. It has us declining but not as
> far as the 900 level, maybe to 950 or worst case 930 (?) then higher to
new
> highs? From a time pespective the decline should be over in no more than
a
> next week or so and has met its minimum time requirement already?
>
> Lorin can you shed some light on what the bold lines on your attachment
are
> and other colored dots, assuming they are not proprietary. Thanks in
> advance.
> don ewers
>
>
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