Go to Jeff Salisbury LWGate Home Page.From: "Hill, Ernie" <Ernie.Hill@ElPaso.com>
Subject: [CANSLIM] S&P 500 forecast
Date: Sat, 20 Apr 2002 21:08:12 -0500
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At this point in time I have two high probability projections for the next
major turning point in the S&P 500. The highest probability is for a turning
point on May 21, 2002 at a price level of 1200. The second highest
probability is for a turning point on May 22, 2002 at a price level of 1238.
As we approach these dates one of these scenarios should emerge as the most
likely candidate.
E
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<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>At this point in time I have two high probability
projections for the next <u>major turning point</u> in the S&P 500. The=
highest
probability is for a turning point on </span></font><st1:date Month=3D"5" D=
ay=3D"21"
Year=3D"2002"><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt;f=
ont-family:
Arial'>May 21, 2002</span></font></st1:date><font size=3D2 face=3DArial><s=
pan
style=3D'font-size:10.0pt;font-family:Arial'> at a price level of 1200. The
second highest probability is for a turning point on </span></font><st1:date
Month=3D"5" Day=3D"22" Year=3D"2002"><font size=3D2 face=3DArial><span styl=
e=3D'font-size:
10.0pt;font-family:Arial'>May 22, 2002</span></font></st1:date><font size=
=3D2
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> at a price=
level
of 1238. As we approach these dates one of these scenarios should emerge as=
the
most likely candidate.<o:p></o:p></span></font></p>
<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
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<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>E<o:p></o:p></span></font></p>
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