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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (6563)	5/14/2008 7:34:40 PM
From: rcksinc	Read Replies (2) \| Respond to of 41420

Ray What I was trying to say is the price action late in the day is fitting an OE week but I do agree with you that a piece of what is going on and volume plays into it is price at this level is where they succeed and kill the most Calls and Puts. I also think a big move is imminent, but not until next week and given where we are on the spx, dow, ndx, I think down is logical. I expect it to be fast and furious, probably 100 spx points but be over in 5 or 6 trading days. Kind of a flush before we head to the high 1400's maybe 1500 spx.