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The VIX is screaming for a hard selloff.
Doesn't have to be long (more than a week), but it needs to put some fear back
into this market on a temporary basis.
Kent
----- Original Message -----
From: <A
title=profitok@xxxxxxxxxxxxx href="mailto:profitok@xxxxxxxxxxxxx";>profitok
To: <A title=wheelsinthesky@xxxxxxxxxxxxxxx
href="mailto:wheelsinthesky@xxxxxxxxxxxxxxx";>wheelsinthesky@xxxxxxxxxxxxxxx
Cc: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Monday, November 25, 2002 6:43 PM
Subject: [RT] Re: [wheelsinthesky] RE: S&P/Nasdaq
Hello
We could make a higher high tomorrow on both NASDAQ and
sp500
the statistical probability says a close up in sp
is only 12%
and an up close on NASDAQ has only a 7% chance,,
this is NOT to say that by 12/4/02 we have 955-965
and NASDAQ 1500-1575
it is saying we take rest to gather steam to run
higher,,
we ALSO took out Fri. low
if we take tomorrow Thursday low then the probability
increase for a lower close
Ben
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----- Original Message -----
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To: <A
title=wheelsinthesky@xxxxxxxxxxxxxxx
href="mailto:wheelsinthesky@xxxxxxxxxxxxxxx";>wheelsinthesky@xxxxxxxxxxxxxxx
Sent: Monday, November 25, 2002 1:46
PM
Subject: [wheelsinthesky] RE:
S&P/Nasdaq
We are entering an uptrend based on a seasonal cycle that
won't conclude until the 1st week in December. Setting sail for higher
highs after SPX found support at 923.31
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