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

To: Jerry Olson who wrote (12739)	1/14/1999 12:08:00 PM
From: The Jedi	Read Replies (1) \| Respond to of 44573

Jerry.... well you asked for it. I think we are in a megaphone right now (this one the apex is in Dec 3 wk, this seems like a fracal of the move we had last year. 3 peaks and a dome) we will go down to touch 1195 sometime next week (that is why I am looking to buy Feb puts around 1245 SPX and then revert to calls around 1195 SPX) and then bounce off from there back to 1250 and then down again to 1175-80 around Feb 8 which should be the bottom for a few months as that should be a point from which to rally to all time highs. Interestingly around Feb 8 I have Bradley turn date, A gann turn date and 23 wk cycle low. So this senrio seems pretty good that a bottom should be in by first wk Feb. I am going to concentrate for the big moves. Kiri