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northam43

01/07/11 9:35 PM

#857 RE: northam43 #852

SPX Cycles Alert:

The SPX Daily Phase II completed 27 trading days. Today's closing price was 3 points above the UTL. If the SPX opens Monday below 1267.9 and remains below that level the entire trading day a new Daily Phase I will begin.

So it's wait and see what Monday morning brings.

My current trading status is HOLD

My current trading status will remain in effect until changed.