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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: SOROS who wrote (35677)12/21/1999 9:12:00 PM
From: pater tenebrarum  Read Replies (2) of 99985
 
good of you to come...as for the cycle high, it is a short term cycle high, the larger cycle actually points straight up into July next year. the ST cycle low is projected for January 19. the August 10, September 28 and October 19 cycle turning points worked out to the day. the November 15 and December 2 turning points didn't. we are watching these cycles for short term trading purposes, not for predicting when this bull market might end.

the 325 strike price on gold is where a great many OTC calls have been written - if it breaks, the ensuing short covering will lead to a big rally.

if 600 on QCOM is a 'given', better go and buy some more....

Voltaire truth? LOL!
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