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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.39+0.5%Nov 28 4:00 PM EST

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To: GROUND ZERO™ who wrote (31164)10/23/1999 4:57:00 PM
From: stockycd  Read Replies (1) of 99985
 
GZ,

Here are my price targets for the next couple of weeks. All the targets listed below are for the week of November 8 as being the next short-term bottom. I am starting to think that we will not see a BK selloff in the markets. I think we will drift down until Dec 31 at which point will be the start of our next intermediate term rally. There are several very important pivot points on Dec 31 (strangely enough) and I think we will stair step down until then.

Week of November 8 targets:

Dow--9700-9600
SP99z (futures)--1220
NDX--2300-2250

Keep in mind that these could change at any time (especially if the market goes up<GGGGGGGGGG>)

Chirs
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