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I assume you mean the cash
My prediction is 1210 based on mixed market fundamentals but underlying
strength in the indexes and money on the side plus oil may well slide
back some next week. Also, the markets seem to be pricing in two
more Fed increases and then at least a pause if not an end to it.
This would be around a 12 point s&p gain or 80 points or so in the
dow. I think it's going to take some strong catalyst to break out
of the zone we are in and unless there's a news event, I don't see much
next week. There is much worry among technicians which will
constrain equities.
Bob
At 12:59 PM 6/12/2005 -0400, you wrote:
Hello
A challenge
where will the sp500 will close on
Fri.?
submit your idea with supporting
evidence
nice week end
Ben
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