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Re: [RT] I Posted another SM short term



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I took a rare trading day off to play golf. I see the market went down to
support above yesterday's consolidation area and closed above the 1220-1223
resistance area ...  a sign of strength and probable move up to 1233 area.

Earl

----- Original Message -----
From: "Don Thompson" <detomps@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, July 13, 2001 10:33 AM
Subject: Re: [RT] I Posted another SM short term


> Earl,
> So how you going to wager on the Big SnP 500 filling this 1221.60 Gap left
> on 7/05??
> :)
>
> Don
>
> Subject: Re: [RT] I Posted another SM short term
>
>
> > I suspect your higher high will come to pass and quite likely closer to
> the
> > open than the close ... SP futures failed to complete a little work into
> the
> > 1220-23 area yesterday. Not that it has to, but this zone includes two
> > expansion targets and one retracement target. If my hourly counts are
> > correct, hitting these targets would complete a minor 5 wave expansion
off
> > the lows setting up a correction to that expansion.
> >
> > Earl
> >
> > ----- Original Message -----
> > From: "DonThompson" <detomps@xxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Thursday, July 12, 2001 10:22 PM
> > Subject: Re: [RT] I Posted another SM short term
> >
> >
> > Clyde,
> > I found a high probability for a higher high for tomorrow, by querying
on
> > the basis of
> > a three EOD look back, ie roughly using the last three days as a
template.
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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http://docs.yahoo.com/info/terms/
> >
> >
>
>
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>
>
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>
>
>


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