Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 683.03

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To: Dr. Stoxx who wrote (4095)	6/6/1999 1:11:00 PM
From: Dr. Stoxx	of 39683

MORE FOOD FOR THOUGHT (hope he is right): todays washington post from our guy Jerry Since the great bull market began in 1982, there have been five other bull-market legs. Those bull-market legs each saw the Dow rise between 68 percent and 154 percent. If the current bull-market leg were to match the smallest leg up since 1982, the Dow would reach 12,396. Given the wave structure and the strong upside momentum, there are good reasons to believe this leg up from the 1998 lows will carry the day well above that level." -- The Jerry Favors Analyst Columbus, Ohio

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