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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 676.41

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Dec 18 4:00 PM EST

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To: Benkea who wrote (20830)	7/22/1999 6:05:00 PM
From: pater tenebrarum	Read Replies (2) of 99985

Benkea, Favors has caught the recent correction, it's end and the ensuing rally,as well as the current current correction almost to the day. i was amazed at the accuracy of those calls. i don't know much of his past record, except that he called last year's july top as well to the day. so i wouldn't dismiss what he says. otoh, i have noticed that Prechter made some excellent calls on various Asian markets this year and he sees a BK for the U.S. market just around the corner. he sees dow 13,000 as the absolute maximum to be achieved if the bull can get it's act together one more time, which according to him is unlikely. note that i am not necessarily endorsing the views of these gentlemen, merely presenting them for inspection. regards, hb

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