Re: [RT] The Market environment

["EarlA" <earl.a@xxxxxxxxxx>]

Attached is daily and weekly chart. Weekly has the cluster of 
major targets. I think we've had a rally failure and the top is in. We did get 
the spike I expected but it didn't travel as high as I expected.
 
Earl
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Dan C 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Tuesday, November 18, 2003 8:39 
  PM
  Subject: Re: [RT] The Market 
  environment
  Earl, 
  I would appreciate a description, list?, of your long term cluster of 
  targets.  I would like to try to see what you are seeing. 
  Regards, 
  Dan 
  EarlA wrote: 
  
    
    I'm still looking for price to hit my long term cluster of 
    targets around 1078 and am working order to complete my put position. Market 
    never does what is expected, but my best guess is that we'll see a sharp 
    spike high during which SP futures inventory will move from weak bears to 
    strong bears. Market should then drop pretty sharply to something in range 
    of 50% retracement March-November. <FONT 
  size=-1>Earl






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