bhp/spi

From: "amtrade_group"
Date: Tue Sep 2, 2003 10:53 am
Subject: SPI/STocks

BHP gaps open above monthly highs of 11.14, so shorting is at risk.
For anyone wanting to try their luck, 11.27 is the 100% of the
weekly break and .618 of the monthly highs.

so i'm treating this area as a 'stall' with any pullback to 11.14
and exit,

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I must admit i tgought this move would have occured yesterday and I covered on the close yesterday, :(

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get Dynamic get with AMTRADE GROUP.

The most dynamic trading group today.

www,datafeedds,com.au.


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AMTrade_Group
Australia
204 Posts
Posted - 09/03/2003 : 07:11:


SPI 3rd September 2003.

Late rally on US markets has punched our market through
3222 on the 3rd day and Price has moved to the next
level in the market 3235 and the 3-week highs.

We have a target for September of XXXX , but we also have to treat the market using the 3-week highs of 3235,this can provide resistance for the ‘entire week’?

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high today 3234 (last night 3236)

AMTRADERS short again at the highs.

www.datafeeds.com.au