Ben,
Thanks for your projections. I was a little confused
however as I saw your post on astrofin that suggested a higher high for Tuesday
followed by 1-2 days of lower close. Can you add to your
projections?
Regards,
Ron
----- Original Message -----
Sent: Friday, May 26, 2006 11:42 PM
Subject: Re: [RT] Memorial Day?
looks like a pull back for tuesday
then possibly up to next fri
----- Original Message -----
Sent: Friday, May 26, 2006 11:32
PM
Subject: Re: [RT] Memorial Day?
Not exactly what you asked, but
according to the folks at www.mrci.com
(I'm a subscriber, otherwise have no interest), the June S&P500 futures
contract has tended to close higher on or about June 5 than it closed on or
about May 25 in 13 out of the last 15 years, with the average move net up
13.67 points. Of course, past performance is no...blah blah
blah. Based in part on that past history, I cautiously went long
around 2pm EDT yesterday (the 25th) although I'm quite nervous about it
given the recent downfall both in the US as well as in global markets.
I'll have a pretty tight stop, but so far so good.
Larry
----- Original Message -----
Sent: Friday, May 26, 2006 11:33
AM
Subject: [RT] Memorial Day?
Anybody have and information on the typical Memorial
Day week-end market behavior. Such as, is the Tuesday after
usually an up or down day?
From what I have studied about days of the
week........Tuesdays are generally considered quite
bullish.
Ron
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