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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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To: Crimson Ghost who wrote (38123)	1/26/2000 5:18:00 PM
From: Gary Burton	Read Replies (1) of 99985

George---As I see it,--The Naz high is not yet in---the giveaway is that the last rally to new highs was only a 3 wave move--so the current correction is likely just that-a correction- and the odds favour the Naz then putting in a final new high soon (wave 5).My 2c--be careful with the short--max downside to 3500ish as I see it, maybe higher.

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