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Re: [RT] SP 3-24-04 Bullish Divergence?



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  Sent: Thursday, March 25, 2004 10:58 
  PM
  Subject: Re: [RT] SP 3-24-04 Bullish 
  Divergence?
  
  Some of today's move was short covering
  tomorrow is the key,
  if we follow in an up move then the bear is dead until 4/2-4/3
  Ben
  <BLOCKQUOTE dir=ltr 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    mr.ira 
    
    To: <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="">realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Thursday, March 25, 2004 6:29 
    PM
    Subject: Re: [RT] SP 3-24-04 Bullish 
    Divergence?
    
    Just looking at the INDU, price has to penetrate 10,350 to put a 
    temporary halt to this down move.  If it can't get through 10,350 then 
    the downside targets would be 10,000 even and then 9850.  If it gets 
    through 10,350 the high probability move would be to 10,600.  At 
    this point there should be some resistance and at that time the calcs can be 
    made for the next leg. Up or down. 
     
    Just one mans opinion.  Ira.
    <BLOCKQUOTE 
    >







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