----- Original Message -----
Sent: Friday, September 09, 2005 10:23
PM
Subject: Re: [RT] 60 min ES and vix
Chas.:
I still don't have a sell signal. This
price objective has shown resistance and a retracment can be expected.
Here are my next price projections to the up side. 1262, 1304, 1342 and
finally 1435. Each should provide resistance to an up move and a
retracement should occur. Each has a probability which is less
then the previous price objective. These prices are from a longer term
chart.
Short term upside projections are 1252 and 1257
and getting through The target price of 1266 will take quite a push.
That is the target price for the short term move. I have no entry price
at this time for a down move here. The retracement that could occur here
should find support at 1246 with a downside target of 1241.
All numbers are rounded off.
Stuck my neck out again. Let us see how
things play out next week.
Have a good week end. Ira.