Ask DrBob Message Board - Msg: 14470995

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	9/28/2000 8:37:09 AM
From: Louis V. Lambrecht	Read Replies (2) of 100058

a look at the futures ND00: cash closed 3572, FV 3625 or 54pts above SP00: cash closed 1427, FV 1445 or 18pts above ND00 currently printing 3630 after a spike to 3660 some minutes before 08:00 am, soon met with selling. Waiting for GDP numbers. SP00 traded 1450 overnight, back to 1445 on increased volumes. Expected opening: lower. I posted two possible candlestick patterns two days ago, we still are in a possible ladder bottom,already had our 3 black candles. litwick.com That is to support the bulls. Also, Friday's usually trade in the opposite direction of the week. A more bearish outloock: Message 14469932 This is based on the Rydex funds volume: Rydex has specialized funds which can be traded as shares. The longs series are meant to mimick the index, either with a 100% or a 200% correlation. The short ones, mimicking an inverted correlation. More on the link.

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