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the o b v still calls for a one more new hi,
it is not 100% accurate but,
looking at p/c ratio on sp, spx and spy is very bullish , and,
new low decreasing !!!on a down day,
leads me to believe monday or tuesday will be the hi
next low about 12/17-12/20
ala 1350
----- Original Message -----
From: Mark Simms
To: realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, December 02, 2006 1:28 PM
Subject: RE: [RT] sp500
Based on past 2 days of downward action, is the "next surge" now negated or just delayed in your opinion ?
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From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Ben
Sent: Thursday, November 30, 2006 2:33 AM
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Cc: vincent new; Yacov Twena; thorton9@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx; thorton@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx; Slawek (E-mail); Ned.Markson@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx; Ronald McEwan; Ned Markson (E-mail) (E-mail)
Subject: [RT] sp500
please do not get fooled by the next surge in prices
we are going to 1425 intra day on sp 500
but that is the top
1350 will be next stop on the train after 1425 in 12/4-12/5
Ben
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