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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

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Nov 19 4:00 PM EST

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To: bobby beara who wrote (45375)	4/7/2000 7:52:00 PM
From: Zeev Hed	Read Replies (1) of 99985

Bobby, I agree with you that we have clear sailing through most of April and then decline into late may to retest the bottom. I doubt the bottom will give (I have 3800 only for the retest, not the 3649 registered intraday), and I think that this "double bottom" will set the stage for a real mania into the election. I do not see a real bear market bottom (or the first in a series of such "bottoms"), until February of next year. Next year, I believe will be finally the years of the Bears, if any are left around by then (G). Zeev

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