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Strategies & Market Trends : The Player's Club

SPY 687.57

+0.7%

Dec 10 4:00 PM EST

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To: Soumen Barua who wrote (4780)	1/26/2000 8:49:00 PM
From: Chip McVickar	of 11513

Soumen, I've already posted on the bottom of my summary that the charts suggest a strong move up tomorrow. With this break lower tonight, a gap down at open should be a great buy.... DJIA has nice double bottom with the second shoulder forming and bounce off a lower tine of a pitchfork. Over the last several months a bottom and consolidation has produced atleast 3 days and more of solid moves up. I look for atleast 11,350 to 11,400 Spx has the same double bottom, monthly patterns and 1430 is the goal. Lets See what happens. Chip

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