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

To: Patrick Slevin who wrote (16911)	2/27/1999 7:02:00 PM
From: Kevin	Read Replies (1) \| Respond to of 44573

Hi Patrick. I'm seeing a possibility for the SPX to float down to 1210-1215 next week. If we open lower on Monday and break below 1227, then I think we're on our way. After that, I think we would see a very good opp to the upside again. If I'm not too busy with work on Monday I may try to ride it both ways (if everything goes as planned). Kevin

To: Patrick Slevin who wrote (16911)	2/28/1999 11:27:00 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 44573

Patty hey ya gotta go with the flow...and if the blood is boiling in a certain direction, far be it for me to disagree...hunches or better yet "feelies" have been part and parcel of my entire life... just last week...i looked at AMAT & TXN, and told a friend they are dead...i was already short the damn AMAT stock, and got shook out when the market went up 200 points last Mon...hey it happens, but I knew i was right...and then again the SOX index looked like it was ready to fall...i saw it on P&F... i just need to refine my reads and thoughts together better...it was very obvious that if stocks were at buying climaxs they would have to retreat based on the technicals of the markets bearish tone... so i gotta keep my thinking moveing in tandem with my reads... hey if your right about MON, i'll be there fast & looose with a heavy hand...i've always thought, that before any meaningful large correction was to unfold..we would rush up to new highs and 10K... the market has enourmous cash resiliency...lots of money under pinning the market... anyway i'll be there with bells on<ggg>...playing the netnuts... oh BTW DULL splits on Mar 8th, with proper market conditions this stock could runnup to my original target of 90-93ish by that time...as you know i exited last week.....