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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (78138)	6/12/2002 10:19:10 PM
From: DlphcOracl	Read Replies (1) \| Respond to of 99280

Possible scenario for tomorrow. Futures start off positive, gathering momentum going into the market open. We get a gap up and continue moving up strongly for the first half of the day, with Nasdaq reaching the 1550-1555 level and S&P 500 reaching 1030-1035. As we head into the late afternoon and market close, indices begin to retrace their strong gains. They end up in the "green" but at halfway between Wednesday's close and Thursday's highs. After that, it is business as usual to the downside. P.S. I have been wrong all year with my "guesses", guaranteeing that Nasdaq gets to 1590 and S&P gets up to strong resistance at 1050.