MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: pater tenebrarum who wrote (36858)	1/6/2000 2:35:00 PM
From: bobby beara	Read Replies (1) of 99985

Heinz, don't know how it is arrived at, but being an elliot guy, it has five waves up from the 98 lows to go with the world stock market composite. 207.61.23.98 Bear bashing is reaching tremendous heights. I believe that yesterdays low was a five wave move down and we completed an ABC countertrend rally mid-day. IF this is the case we are now entering wave 3 down, it should be impressive, QCOM should gap and make that island i was talking about and be an $80 stock soon. while everybody is so complacent, the rug is about to be pulled.

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