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Could you explain to me your calculation below?
>>> topos8@xxxxxxx 01/12/05 9:04 AM >>>
I think it likely that the S&P's make a low today and begin a move 
above 1221.
1221 high - 39 (180^) = 1181
768 low + 410 (180^) = 1178
1163 high (March '03)+ 18 (180^) = 1181
So support is the 1178-1181 zone.
Carl
 
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