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To: robert b furman who wrote (4774)1/8/2005 2:17:28 PM
From: Chip McVickar  Respond to of 12411
 
Bob... for a classic first bar the close needs to be above the 50% of the price move. In this case that would have been 1186.±± for the day. Here the spx closed at 1186.19... right on the target.