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