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Strategies & Market Trends : S&P Index Futures (Daytrading SP)

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To: ratan lal who wrote (209)	2/9/1998 10:29:00 PM
From: Whitmore G.	Read Replies (1) of 350

Ratan, The ratio came out today and it is close to .54. That is surprisingly low and with Clinton not agreeing to hold off attacking Iraq till after the Winter Games, I say were heading down now till after things cool off over there. Sorry, no chart. My estimation of the event, for what it's worth, is that it was a long overdue beginning of a correction of the near classical definition. That being in the 10% range. No explanation for the timing is possible in as much as all corrections are anomalies and as such unpredictable.

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