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Thanks, Cylde,
for your Wednesday's excellent projected
scenarios for Thursday & Friday. After the opening gambits in the
first half hour, the market honed right in on the green projections. -- The
turn up occurred right after noon CT and was right on the money
for the close.
Using the complete market action of Thursday, I modified
the market projection lines for Friday to a lower slope. This results in a
projected high of 1380 in the time period of 1115 to 1145 CT. The projection
then turns down and closes at 1375 for the later high and at 1373 for the
earlier high. An early fast and high opening in the first 20 minutes could
result in an equally rapid correction to 1372.5 before continuing on up into the
noon hour.
Thanks again,
Zait
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