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To: GROUND ZERO™ who wrote (30293)8/12/1999 1:08:00 PM
From: John Pitera  Read Replies (1) | Respond to of 44573
 
GZ, if we close above 10850 on the DJIA thats what I suspect
we'll see. the cyclic picture improves after Aug 17th, the fact that we may be turning up early, could mean a big move up in the market.

bonds look like they can rally big-time in the next 2-3 weeks.



To: GROUND ZERO™ who wrote (30293)8/12/1999 2:21:00 PM
From: Chip McVickar  Read Replies (2) | Respond to of 44573
 
GZ,

Market couldn't get above that line at 1316-18 SPX

That's off the July Peak...I'll quess it's close to a 38% fib

But it'll try again...

Now you've got a strong shoulder on the 60m mini and spoo chart, but I still think 1300 then 1290 could be tested on the Cash, before the market can take out the 1318.

Chip