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

To: Jay Baca who wrote (10830)	12/21/1998 8:18:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

Kool, another seasonal. I'm really set up to view spoo data although I have DJIA as well. I see the Dow closed down 6 days in a row, 12/8 to 12/14.One thing that I just noticed is that the Futures are up 5.80% in the past week. The last time that happened was 11/23 when it was up 4.56% and the next day was down slightly but started an erratic dive to eventually take it down about 50 spoo points. The daily basis gains have been somewhat high-end normal though. 2.32 % on the 15th, then 1.48, 0.48 and 1.49% from Thursday through today. The last time it was able to succeed in posting a fourth gain was in November with a streak of seven days but only the last one was a big percentage gainer at 2.28%. Up 'til then each day was a gain of less than one full percentage point. Maybe it means nothing; just tempers my thoughts about the upside on the Close tomorrow. It's FOMC day, isn't it? Oh joy.