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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.27

-0.5%

Dec 1 4:00 PM EST

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To: pater tenebrarum who wrote (17700)	6/17/1999 2:31:00 PM
From: Bull RidaH	Read Replies (2) of 99985

Heinz, I have it last Friday's low (around 10420 on the Dow) as the point from which Primary wave 3 began in this first Cycle wave that began from 10/8/98's low. That first cycle wave begins the 5th Supercyle Wave since the beginning of our markets in 1789. Max potential for this 5th Supercycle wave is 52000, and should complete itself over the next 6 to 8 years. I expect new highs with the next week or two, and 15,000 by late October on the Dow. Regards, David P.S. IBM, COKE, GE and other multinational big caps will be enormous winners due to their market share and improving margins.

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