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balmywinds

07/11/02 8:47 PM

#2503 RE: LG #2499

LG, thank you kindly for not forgetting my question.

If we get Spx 1000 that would be 10% from today's low and probably will make it a pivot low.

Do you think it would be heavily sold into next week or just retrace and continue up until we hit resistance again?

Regards
bw

wstera2

07/11/02 8:48 PM

#2504 RE: LG #2499

HI LG! Good to see you posting here.

FWIW, NAZ futures are currently +5.85 over fair value...... S&P (Globex) are + .64............

http://money.cnn.com/markets/morning_call/

NAZ Futures have been steadily slipping since 5:30 pm EST....... S&P Futures since 7 pm EST....... (link to chart of futures in mid page of the link from above)

Still, there's plenty of time for it to change....... again :-o

Tim Ö¿Ö