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Strategies & Market Trends : E-mini and S&P Futures Trading Discussion in Realtime

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To: Jimsy who wrote (15)5/6/1999 11:27:00 PM
From: Jimsy  Read Replies (1) of 119
 
Essentially a wide inverted U day, down in the morning, up and down at the bottom and recovery late day by the industrials and banks with transportation starting a rally mid-day. Tomorrow may depend on the employment report, and the cost of labour with it. Any sign of inflation will likely not be good, and we will head down on the futures before the 9:30 DOW opening. NASDAQ would likely head down some more. Later in the day, who knows? Being a Friday, non-inflationary news may just give us a sideways market, although recovery in NAS might take us up a bit.

We'll see what we see.
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