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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.31-1.1%Nov 6 4:00 PM EST
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To: Benkea who wrote (37272)1/12/2000 11:33:00 AM
From: pater tenebrarum  Read Replies (1) of 99985
 
oh well...<ggg>

btw, i am pondering the possibility that after the cycle low on 01/19 one more big rally may be in the cards, led by the Dow for a change. no doubt that would mean another rally phase for the NAZ as well. i'm not sure yet that's going to happen though...if sentiment remains as extremely bullish as it has been these past few weeks, the upside potential should be limited.

an interesting development is that Prechter of all people, has raised his Dow target from 11,900 to 13,000.

hb
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