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Strategies & Market Trends : The Player's Club

SPY 677.48

+0.3%

Nov 5 4:00 PM EST

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To: GROUND ZERO™ who wrote (3706)	1/5/2000 12:00:00 PM
From: Chip McVickar	Read Replies (1) of 11513

GZ, I don't know about the upside here. This mornings market cannot make it over a 2 day median line at 1412es00h. I see your Nov cash fork and the lower tine. There is a median line from 6/2/99 low also present at 1395 on the day. Look at this fork 10/8/98 spread 7/19/99h and 10/18/99low Also a closer one at 12/3/99 handle. I believe we may see 1375 cash as these rates keep climbing to 7% and the International currencies continue to rearrange themselves. Chip

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