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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (4677)	9/25/1998 12:12:00 PM
From: donald sew	Read Replies (1) \| Respond to of 44573

Tom, If today closes flat or up I see the possibility of MONDAY being up and possibly up strong. 8150 range is now the next resistance area and the main/stronger resistance at 8350. The FOMC is messing up the technicals now, which is obvious. Its hard to read right now. From a quick calculation, if the DOW was to close flat my short-term technicals will be aroung 65-70 which indicates that the upside potential is about 2-3 days/150-350 DOW points. The downside potential is much greater. Seeya