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Strategies & Market Trends : Why the markets will continue higher... -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (27)	12/3/1997 4:09:00 PM
From: ratan lal	Read Replies (1) \| Respond to of 745

GZ << Cash S&P analysis >> I went thru your analysis to Steve and have some questions. I would greatly appreciate yur response whenever you have time. << Now, bisect the Oct97 high and Oct97 low with the low in mid Sept97, and you will see the upside resistance as clear as day. >> You mean 'support' instead of resisitence?? << You will notice the current rally off the October lows is running parallel with that line. >> Which line?? Do you mean the line conencting April Low to OCtober High?? << Any super rally will be kept in check with that higher resistance. >> You mean the resistence at October high of 980?? SP went 981.81 today before falling back to 976.77. So you are right about that. Where do you think S&P headed tomorrow. I trade SP futures actively and would like to discuss TA with you on a regular basis if you agree. It would help, if you have the time, to put these items in .bullet form and give numbers that you show on your chart so we can compare the numbers also, just in case there is a difference. Thank you in advance ratan