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Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (5086)1/31/2000 3:34:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 11513
 
Does that necessarily indicate a bottom or would you expect a bounce at those levels even if we were going to continue down?



To: John Pitera who wrote (5086)1/31/2000 4:25:00 PM
From: Chip McVickar  Respond to of 11513
 
John,

Futures were edging higher after the bell.
With a 6.50 prem at 1415ñ the market should match the 1408 SPX number I mentioned earlier. I expect that to be hard to get over....With good news from the fed the market should see 1435ñ.

1400 is also a .382 return from 1/14 high.

Chip


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