Here is a swingmachine estimate based on the continuous futures 
contract..
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Clyde 
Lee                 
phone: 713.783.9540
SYTECH Corporation
7910 Westglen, Suite 
105
Houston, TX  77063     fax: 
713.783.1092
WebSite:       
www.theswingmachine.com- - - - - - 
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  ----- Original Message ----- 
  
  
  Sent: Tuesday, June 21, 2005 11:08 
  AM
  Subject: Fwd: [RT] what if?
  
  yes looking for the possibility of a minor top in here, though 
  still not convinced it is in just yet - but may
be getting there this week. 
  after whatever minor top forms looking for a retrace back towards the 45-50 
  day moving average on the SPX daily chart - but even that should be for buying 
  and should be followed
by higher highs. either way, correction or no 
  correction, looking for a test of the 1240-1250 region in the next few 
  weeks/month, and that is the only area where I might consider shorts. chart 
  attached.
   
  thanks for the message
Jim