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Message-ID: <360ECAA1.1E625D47@xxxxxxxx>
Date: Sun, 27 Sep 1998 18:30:41 -0500
From: Joe Frabosilio <joe6964@xxxxxxxx>
X-Mailer: Mozilla 4.05 [en] (Win95; I)
MIME-Version: 1.0
To: realtrader@xxxxxxxxxxxxxx
Subject: MKT: CIT SnP
Content-Type: multipart/mixed; boundary="------------1647A0B3C534DC27B179EA53"
Hello Everyone,
Below is a chart of possible support and resistance lines for the S&P.
The Yellow vert. lines are Fib time zones and the red vert. lines are
time and price CIT. The horz. lines are support and resistance. I think
with Greenspan coming out and dropping interest rates, resistance maybe
at 1074. Then a big drop because I don't think a lot companies will make
the projected earnings. Also, another point of interest in CIT is the
Gann 90, that date will be on 10/20/98. Yestarday, I did the Gann 90
for the Dow and that date was 10/16/98.
Trade Well,
Joe Frabosilio
Attachment Converted: "c:\eudora\attach\Snp1.gif"
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