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To: peter n matzke who wrote (32983)9/8/1999 10:05:00 AM
From: Brian Hornby  Respond to of 44573
 
s 25 47.5



To: peter n matzke who wrote (32983)9/8/1999 10:31:00 AM
From: peter n matzke  Respond to of 44573
 
s7 48 b7 46

s7 49



To: peter n matzke who wrote (32983)9/8/1999 10:34:00 AM
From: Chip McVickar  Read Replies (2) | Respond to of 44573
 
We now have a classic Island Reversal formed over 2 days on the es9u chart

If the market does not retrace to yesterdays close 1352± area the chart would be sending a clear bearish signal....

Making the gap up on 9/03 an exhaustion gap with the gap down today completing the move....market has to print SPX close of 1350.45 today or the signal is for lower prices.....maybe not a top but certainly suggeting further sell off for the week!

Chip