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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: James Strauss who wrote (41503)2/27/2000 1:52:00 AM
From: Stcgg  Read Replies (1) of 99985
 
According to Favors..

Even if the Dow and S&P are close to bottoming, he advises clients to use the bounce to position for selling due to the Bear market sell signal on the quarterly Gann cycle charts..

Right now the Nasdaq is positioning for the strong up move, I see it going at least to 5000 before everyone gets spooked by the parabolic rise..

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