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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (659716)	11/11/2004 5:10:34 PM
From: Hope Praytochange	Respond to of 769670

end of day remarks on emini S&P500: <<11/11/20, 4:49:52 PM Event Recap The markets reacted very favorably to the holiday and the closed bond market. The ES broke out of the prior trading range and moved to test 1175. This is very strong resistance on the SPX and provided a solid top on the futures as well. We were long from 1164 and exited at 1174 for +10 when the ES stalled at 1175. I still have a long bias on the breakout from the resistance range and I look for the ES to pullback to 1170 before beginning another push higher. We will look to reenter a long at the 1170 level if possible. If we move up from the current 1173 level I would hesitate going long under that 1175 resistance but would buy a breakout over 1176. Tomorrows economic reports: 8:30 Retail Sales - October (est +0.00%, last +1.5%) 9:45 Consumer Sentiment (last 91.7) 10:00 Business Inventories (est +0.5%, last +0.7%) 10:30 ECRI Weekly Leading Index (last 132.0) 2:00 FOMC Minutes - September >>>>>>>>>>