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To: AllansAlias who wrote (53852)9/19/2002 9:25:23 AM
From: marginmike  Read Replies (2) | Respond to of 209892
 
I agree, my tape reading has been spot on, got me out yesterday with a profit. Ill be watching FNM(and a few others) which has put in the double bottom, if it holds I suspect July lows hold. IBM should also bounce of open low if all things are good. Would love to see VIX up 7-8 as well to see the double top there. I will see how things break by 11am



To: AllansAlias who wrote (53852)9/19/2002 9:27:01 AM
From: bcrafty  Respond to of 209892
 
Velo's objective is 7855 in the next 2-3 days

"For Thursday, there is no bias, but there is an index objective to be met over the next 2-3 trading days at 7855 to complete a pattern. Resistance above is near 8250 and then 8500. Support below is near 8025, 7855 and then 7530. A move to 7855 at some point over the next few days is still favored."

raptorgroupresearch.com