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To: Henry J Costanzo who wrote (134307)7/13/2006 10:38:31 AM
From: skinowski  Respond to of 209892
 
Looking at the 120 min chart of SPX, neither a strong rally from here, nor a hard decline - would surprise me. Generally, the overlaps with the June highs are bearish, suggesting that even a strong rally at this time may be part of a correction.