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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: SE who wrote (40329)	2/1/2000 10:05:00 PM
From: Tom Trader	Read Replies (2) of 44573

I just did some analysis of the ES0H chart and I see higher...another 20 to 40 points, then lower. Scott, I sure hope that you are right about this -- but somehow, I don't see all the pieces having come together for a sustained rally. I am on a buy signal but I am not convinced as to the staying power of this rally given its disjointed nature. I would be surprised if this rally gets much above the 1430 level before we head down again -- to, perhaps, test the lows that we made yesterday. I have told Fred in the past, the best rallies I have found is when all of the pieces are in synch -- that is not where we are at this point based on the system that I use. What an amazing victory by McCain -- if he wins the nomination, I think that he could win the presidency. He is the kind of person who would appeal to the independent vote.

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