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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: jjs_ynot who wrote (18253)	5/9/1998 6:21:00 PM
From: donald sew	Respond to of 94695

Dave, >>>> A pop and top at about S&P 1130 will make a quadruple top. That sure looks like a tough resistance level to penetrate. <<<< The is a small concern for PUT players now, and that is that the SPX's latest dip of a few days ago was slightly higher than the previous dip. Such can be interpreted as a leading indicator, although not conclusive, of higher highs. For right now, I am still holding to my position that the 1130 resistance area will not get pierced to the upside. I beleve the actual high was 1132. Seeya