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

To: Rich1 who wrote (2726)	2/28/2003 5:23:11 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 12411

Here's the SPX wiggle, but it's a variation not classic 2nd day isn't perfect stockcharts.com[h,a]dahannay[d20030112,20030228][pf][J10131372,Y]&pref=G IMO only and not to trade off.... The price bars are holding up extremely well under all The Doom and Gloom we have about us these days. The small volume and swings to cover gaps, hit fibs and Gann lines, etc are clear singles the boys are giving each other what they want..., little to the buyers and a lot to the bears, and all are having a good time. They are also watching the news and screwing the public on every nasty sound bite of gloomy news. The big moves are coming from the bears and politics. Last month they took another billion out of the mutual funds. At some point this will reverse. If your a good trader it gets no better then this.. the swings are by the pros and coming in like clock work. But it isn''t pretty, if the bad news gets away from the trade they'll sell hard and take this thing down hard. From my forward time projections... the 26-27-28th are a pivot area for the SPX and this can extend to monday... it is my hope that a low is in place and the market can rally. Today the internals are weak and don't show a lot of promise for a major move higher..... but We Have a Chance....!