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

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To: GROUND ZERO™ who wrote (12509)	1/12/1999 9:23:00 AM
From: Jerry Olson	Read Replies (2) of 44573

Morning GZ & ALL i looked at the SPX this am...it hit my target of 1255 right on the nose..next support 1235, and the bottom is 1220... all this BEFORE I get a sell signal..1215 would be a double bottom break... and the 6 box reversal col. of O's to 1255 was exactly 50% retrace of the upside advance... I see serious support at 9450 on the DOW, as the "buy the dippers" will coming with a vengence... so about 170 DOW points would be the near term bottom.. at 1255 today 20 points down would be 1235 or 170++ DOW...i will buy this number no matter what, for the run into opp exp...

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