Monday, June 20, 2005

Guesstimates on June 20, 9:00 am ET

S&P: 1214 is good support and the S&P should head higher from there.

Bonds: market is now headed back to 119-00 with today's high near 117-08 and low near 116-14.

10 Year Notes: market should rally back to 114-00 with support today at 112-10 and resisistance at 112-28.

Eurocurrency: Headed at least for 124.90 and support today is at 121.70.

August Crude: headed for 62.00 with resistance today at 60.20 and support at 58.40.

Gold: now headed for 449 with support at 431.

Google: 264 is now support and market should next rally into the 308-312 range. Initial rallywill probably halt at 289.

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