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

To: GROUND ZERO™ who wrote (14440)	2/2/1999 8:49:00 AM
From: Jerry Olson	Read Replies (2) \| Respond to of 44573

Morning GZ and all... as of the close of trading yesterday, i'm all in cash, except for 5-6 open option positions...not much on the table.. GZ could you give me some SPX numbers for those tines...i know you're talking certain levels, but i need to see what they equate too... we could have a pullback here like we had a few weeks ago, 7%, down from 9650 to just about 9050...we never hit 9050 DJIA, that would have been a sell signal...both the SPX & OEX are ballistic, straight up...they have to correct and regroup, and they will... as for any meaningful selloff, i can't see it at this juncture...i have this crazy thought of a major rally when Clinton is aquitted on the 12th, even though its been discounted already i would presume... we could see weakness thru that period, but i'll check my P&F stuff...what's interesting is that yesterday we have more net X's than O's in stocks???? crazy market folks...