The ES? 1130 to 1140 in 3 to
4 days? I think your red and green lines may get caught up in the brake
pedal
of one of those Toyota/Lexus
ES350's. Friday may close no higher than 1100 to 1105, with
a subsequent resistance level at 1110. The market seems
awfully skittish lately and unsure about what's going to happen.
Where is Norman Winski when
we really need him and his prognostications? In the next 3 to
4 days,
Keep up the good work. Take care,
Larry Z.
-----Original
Message-----
From: Ben <profitok@xxxxxxxxxxnet>
To: 'Ron' <ronmac17@xxxxxxcom>; realtraders@yahoogroups.com;
'Vince Donovan' <vince.donovan@comcast.net>
Cc: astrofin@xxxxxxxxxxs.com; 'Jerry Rubinstein' <gurubinstein@yahoo.com>
Sent: Wed, Feb 3, 2010 4:17 pm
Subject: [RT] sp500
Attach please find the current reading of
the market barometer
Dashed lines is barometer
Solid line is close of sp500
Notice when we made the low in price 1/29
the bullish divergence
Also of note is when it stays above
price, it means the next move is up,
Also note the day before yesterday it was
overbought
(Above top horizontal line)
It still suggests 1130-1140 in 2-4 buss
days