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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (24566)12/16/1999 5:35:00 AM
From: elepet  Respond to of 69810
 
That link seems to be for subscribers only.



To: Johnny Canuck who wrote (24566)12/16/1999 12:43:00 PM
From: d. alexander  Read Replies (2) | Respond to of 69810
 
Harry; another take on the OEX, from the Schaeffer site

>>>Today's Market Timing Comments
For morning of 12/16/99: The support and resistance at four percent above and below current levels continues to be indicated by the timing model. Don't look for those size moves to happen in the next two weeks. There seems to be even tighter support two percent below current levels. What this means is that the OEX is predicted to trade within a 755 to 795 (clearing the previous record intraday high of 773.9) range for ten trading days

Plus this optionsource.com

Too bad Tradetrek doesn't take indices, or we could see what the black box thinks & maybe be even more confused <vbg>

I did notice that on John Murphy's chart, the index was pulling back from the envelope, so it hadn't actually signalled & appeared to be cooling.

Dorothy