|
PureBytes Links
Trading Reference Links
|
<BLOCKQUOTE
>
From: <A title=earl.a@xxxxxxxxxx
href="">EarlA
<BLOCKQUOTE dir=ltr
>
<BLOCKQUOTE
>
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, May 12, 2004 10:13
AM
Subject: Re: [RT] Market
condition
So far, it has paid handsomely to hold on while gritting one's teeth
on the up days, especially in the ND 100. I suspect a break of support
here is going to get rather nasty ... 1075-1027 in the SP and 1300-1316 in
the ND. So far they are holding a few ticks above recent lows and if they
can hold those ticks, they can rally it, but if they break, targets
should be hit quickly.
Earl
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=mr.ira@xxxxxxxxxxxxx
href="">mr.ira
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, May 12, 2004 8:42
AM
Subject: Re: [RT] Market
condition
So far this scenario is holding up. 1075
could act as temporary support at this time with the target of this
move down at around 1050. Other support level is about 1060.
If 1058 is hit then there is a high probability of price going to
960. The bear projection is still in force and 1188 is still the
upside target.
All of these forces acting, one inside the
other. Here comes the magic trick again.
Good trading. Ira.
Yahoo! Groups Links
To visit your group on the web, go to:http://groups.yahoo.com/group/realtraders/
To unsubscribe from this group, send an email to:realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
Attachment:
sp500weekly.gif
Attachment:
Description: "Description: GIF image"
|