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Non-Tech : Raptor's Den

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To: velociraptor_ who started this subject	2/6/2003 9:13:13 AM
From: GrillSgt	Read Replies (2) of 10157

As we head to end of the cycle lows it appears that we may have 4 more days left. This means that probably 3 of the next 4 days will be down. ES 840 is the spot. Trading below here for a held trade can be bearish and should target 835. A break of 835 and we release down to 825 area. A break back above 840 and we stumble up to 845 and 850. Only a break above 850 sets the tone for another choppy day with 859 possible target. NQ Needs a break of 958 to get the ball rolling into the bears court. Chopy trading between 960 and 980 is expected. Only a break back above 980 should send us back to the 998 resistance area. Sell the crap out of this area again. Dow consolidation looking very bearish now with a break of 7945 needed for the bears to rock and roll. A move back above 800 and we stumble along again to 8100. I suspect we could do a pretty good break today downward. I look for a gap fill that gets turned back down today.

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