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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: Nemer who wrote (6953)	5/22/2002 5:13:59 PM
From: Louis V. Lambrecht	Read Replies (1) \| Respond to of 7434

OT - did you see this? frbsf.org FRBSF Economic Letter 2002-16; May 24, 2002 Searching for Value in the U.S. Stock Market .... Applying this multiple to the S&P's estimate of $36.34 for reported earnings in 2002 yields a predicted value of 876 for the index--about 20% below the current level.... Many 100 pointers to come now that even the Frisco FED is preparing the market to accept that idea.

To: Nemer who wrote (6953)	5/22/2002 5:16:55 PM
From: Jack of All Trades	Respond to of 7434

I use 55/34/13 min charts along with 240min for longer time frames... Just a fibo guy at heart... (240 not a fibo...) The green fork is a stronger fork as it has described price in the past... That being said, it should describe resistance as well at the mid tine... But I predict we land where the OK is in that chart. But that is just a WAG... FYI the Qcharts beta is now producing forks, but no extensions yet. I am pushing hard for the extensions mainly for the shorter time frames.