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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: John Meade who wrote (1865)6/14/2001 11:39:24 AM
From: Chip McVickar  Read Replies (2) | Respond to of 12411
 
Makes sense...!

Nothing says "gaps must be filled" but traders seem to use them as guide posts. If it gets that far [1192.25 spx] I wouldn't be surprised to see it get blown out further and hit the .618 retarcement at 1170.00 spx.

What do you think...?



To: John Meade who wrote (1865)6/14/2001 12:42:30 PM
From: John Meade  Respond to of 12411
 
Below the 50ma on the S&P,DOW,NAZ,TMW on a daily chart.
If we close beneath,look for a stop blowing party tomorrow

JM


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