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Strategies & Market Trends : Waiting for the big Kahuna
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To: Arik T.G. who wrote (16553)4/15/1998 11:43:00 PM
From: Trader X  Read Replies (2) of 94695
 
Looking at the 15 minute charts, I'd call tomorrow a nice UP day.

Judging by the S&P, I'm figuring a nice open, perhaps gapping up past 1119 then testing. A good 8-10 point day would not surprise me at all, we could see 1132 intraday with a close over 1125. This is based on the intraday pattern today.

for those who didn't catch my post on Swaps last week, I'm looking for S&P 1200 this spring...altho that may be too conservative. The consolidation is over now.

tx
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