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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.31

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Nov 12 4:00 PM EST

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To: Gary Burton who wrote (53314)	6/7/2000 7:58:00 PM
From: Stcgg	Read Replies (2) of 99985

Gary.. Once Dow breaks 10971 to the upside, 11142 is first resistance.. A break of 10971 negates the bearish case and brings the alternate wave count in play leading to new all-time highs.. I have already adopted the bullish case and expect a rally for the next week or so, particularly in the Nasdaq, which is 16% down YTD and will press ahead furiously to make up IMO.. >><<

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