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To: Jerry Olson who wrote (21142)4/15/1999 11:24:00 AM
From: Chip McVickar  Respond to of 44573
 
OJ,

Yes, 1372spx for today *only* and there are a couple of Mtines at that level.
But, 54 points Up seems like a lot to ask of this market today?

I had a down target of 1325spx for 4/14...which I Got Big Time only off 3 points.
Today at 10:50 Middle tine off 3/19 High has stopped the market at 1318 SPX

I just went Long at 1318 {paper}
So far it looks like a base....but if the market holds here to long
then it will drop off again...wish I had the Tp's
Good Luck
Chip



To: Jerry Olson who wrote (21142)4/15/1999 12:20:00 PM
From: SE  Read Replies (2) | Respond to of 44573
 
OJ,

I think we will be SARing soon. I like the looks of this as a bottom. Thoughts?

-scott



To: Jerry Olson who wrote (21142)4/15/1999 12:27:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
OJ,

We got some room to play. SAR at 1326. We are now in the profit category by 18 points.

YIPPIE!

Long at 1326.

Will SAR to short if 1320 SPOO is taken out and shot.

-Scott



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