MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.63

+0.4%

Nov 19 4:00 PM EST

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To: HairBall who wrote (16583)	6/9/1999 3:03:00 PM
From: pater tenebrarum	Read Replies (2) of 99985

LG, i just read the cycles/wave count article to which scotty posted the link earlier. if this view is correct - and it seems well thought out- we'll see a 4,000 point mini-crash before july is over. while i personally assign little probability to this actually happening at the moment, it is definitely in the realm of the possible. according to the article the low of this expected decline should be an excellent buying opportunity. if this were to happen, the rebound in the long bond that we are waiting for would be due to safe haven buying. an interesting summer awaits... regards, hb

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